Serbia building 483 MW of wind farms - energy min

Serbia is building wind farms with a combined installed capacity of 483 MW which are in different stages of development, energy minister Aleksandar Antic has said.

Serbia plans to focus on energy efficiency and renewable energy in the short term and the process of launching wind farms and solar parks will intensify in the coming years, Antic said on Monday during the opening of Energy Week 2017 conference in Belgrade, as quoted in a government press release.

The first wind farms a combined capacity of 17 MW have already started operating in Serbia, Antic noted.

The European Union is expected to intensify its support for Serbia in the introduction of renewable energy facilities in the short term, Oskar Benedikt, head of the EU delegation to Serbia, said, according to the same press release.

Energy Week 2017 (May 29 - June 2) is organised by the Serbian energy ministry, the Belgrade city government and the Central European Development Forum (CEDEF).

MK Fintel Wind, a 46/54 joint venture between Serbian vertically integrated conglomerate MK Group and Italy's Fintel Energia Group, unveiled plans earlier this month to carry out an initial public offering (IPO) on the Belgrade Stock Exchange, offering between 20% and 40% of its capital. The company already operates two wind farms in Serbia, with a combined installed capacity of 16.5 MW.

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