Serbia's government said on Tuesday that Belgian renewable energy group Elicio plans to put on stream an 8 MW wind farm in Malibunar, in northern Serbia, by the end of 2017.
Serbian companies have already started the construction of the wind farm, the business development director of Elicio, Nicholas Bruynooghe said during a meeting with energy minister Aleksandar Antic, as quoted in a statement by the government.
Elicio also plans to start shortly the construction of the 42 MW Alibunar wind farm, located close to Malibunar, which will be co-financed by the International Finance Corporation (IFC), Bruynooghe said in the statement.
During a presentation of the two projects in February the Belgian company said that the investments in Alibunar and Malibunar will stand at 72.64 million euro ($78.5 million) and 13.8 million euro, respectively.
The Malibunar wind farm will comprise four Senvion M-100 type turbines. The project has all the necessary permits, temporary status of privileged power producer, signed power purchase agreement with Serbian power utility Elektroprivreda Srbije (EPS) and secured funding, Elicio said back then.
In October 2013, the Serbian government said Belgian company Electrawinds received an approval for the construction of a wind farm in Malibunar. Electrawinds was declared insolvent in December 2013 and was subsequently acquired by Belgian energy, telecommunications and industrial group Nethys, the parent of Elicio.
The Alibunar wind farm will consist of 21 turbines, each with a nominal power of 2.0 MW, that will develop their maximum output at a wind speed of 11m/s. Underground 33kV cables are planned to connect the turbines to the medium voltage network at a 33kV station and through a 33/110kV transformer specially built for the wind farm.
($ = 0.9251 euro)
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