A consortium led by clean energy company Masdar has inaugurated its $331m (€300m), 158 MW Cibuk 1 wind farm in Serbia—the country’s largest—which is planned to supply 113,000 homes. The Cibuk project was developed by Vetroelektrane Balkana and won the 2019 Onshore Wind Energy Deal of the Year award. The developer is owned by Tesla Wind, which in turn is 60% owned by Masdar along with the Taaleri SolarWind I fund, which has 30%, and Deutsche Investitions with 10%. Serbia has said it wants 27% of its domestic power supply to come from renewables by 2020.
A consortium led by clean energy company Masdar has inaugurated its €300m ($331m), 158 MW Cibuk 1 wind farm in Serbia—the country’s largest—which is planned to supply 113,000 homes. The Cibuk project was developed by Vetroelektrane Balkana and won the 2019 Onshore Wind Energy Deal of the Year award. The developer is owned by Tesla Wind, which in turn is 60% owned by Masdar along with the Taaleri SolarWind I fund, which has 30%, and Deutsche Investitions with 10%. Serbia has said it wants 27% of its domestic power supply to come from renewables by 2020.