Serbia’s renewable sector is entering a more serious phase because projects are moving from auction awards and announcements into construction. The start of SANY Renewable Energy’s 168 MW Alibunar A and B wind projects in South Banat is therefore more than a project milestone. It is evidence that Serbia’s auction framework, foreign investor interest and grid-market ambition are beginning to translate into physical assets.
The Alibunar scheme is valued at around €240 million and will include 40 wind turbines, with expected annual generation of around 480 GWh. The project benefits from market-premium support for 70% of installed capacity, providing a revenue foundation that can support financing while leaving part of the output exposed to market prices. That hybrid revenue structure is likely to become increasingly important in Serbia, where investors want predictability but the system also needs market-based discipline.
The project also illustrates the growing role of Chinese energy companies in Serbia’s infrastructure landscape. SANY is both a major wind-turbine manufacturer and investor, while PowerChina Chengdu Engineering has been selected for EPC delivery. This gives the project an integrated industrial logic: equipment supply, construction capability and capital commitment are bundled within a broader China–Serbia cooperation framework.
For banks and technical advisers, the core questions will be grid compliance, commissioning quality, SCADA integration, availability guarantees, curtailment exposure and O&M performance. Serbia’s wind market is attractive, but projects must prove they can perform under local grid conditions, Serbian permitting requirements and lender-grade documentation standards. Alibunar will therefore be watched not only as a wind farm, but as a benchmark for the next wave of Serbian renewable construction.
