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Windvision to add 860 MW of wind capacity in Serbia by 2026

Windvision to add 860 MW of wind capacity in Serbia by 2026

Date: July 29th 2021

Author: Peter Palčec

Category: En.vision

Topic: Electricity , Renewables , Energy policy

The renewable energy developer Windvision plans to develop over 860 MW of wind capacity in the Serbian region of South Banat in the next five years, said Neda Lazendic, the company’s manager for Serbia.

In an interview for the news portal Ekapija.com, Lazendic said that the first two wind farms – the 99 MW Alibunar 1 and the 75 MW Alibunar 2 – which the company has been developing since 2012 could be connected to the power grid as early as 2023.

The implementation of these two wind projects, which are construction ready, depends on the new renewable auctions that Serbia is expected to conduct by the end of the year, said Lazendic, adding that Windvision wants to make “the most competitive” bid for the Alibunar wind farms at the first auctions.

Through these renewables auctions investors will bid for subsidies, which will be called premiums. This will replace feed-in tariffs, which were awarded as fixed subsidies for a 12-year period to investors who made it into the 500 MW quota in the first wave of renewables investments in Serbia.

While the feed-in tariff for wind farms in Serbia amounted to EUR 92.5/MWh in 2020, a Spanish auction held in January resulted in the lowest onshore wind energy bid in Europe awarded at a price of EUR 20/MWh.

Windvision also intends to construct six more wind farms in Serbia’s Banat region with a combined total capacity of 690 MW and a solar power plant with an installed capacity of 80 MW.

The projects are in various stages of development, although according to plans most of the projects will be commissioned in the period from 2024 to 2026, added Lazendic.

In January Windvision partnered with NBT AS, a Norwegian-based utility-scale wind power developer who will help in the development of the projects.

Serbia will need to add 8-10 GW of renewable capacity in order to replace 4.4 GW of coal power production capacity by 2050.



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