The wind farm Kostolac, with an installed capacity of 66 megawatts, which is being realized by Elektroprivreda Srbije, is worth over 110 million euros. The project should be completed at the end of 2024, according to the portfolio project manager Predrag Djordjevic.
This wind farm will spread to the locations of Drmno, Petka, Cirikovac and Klenovnik, where the mines have been used up and where the disposal sites of the Thermal Power Plant Kostolac used to be. The wind farm, which will be connected to the network in early 2025, consists of 20 wind turbines, with a power of 3.3 megawatts each, and the planned annual production is 184 million kilowatt-hours a year, which is enough to supply around 30,000 households with green energy.
The project is financed with the proceeds from a loan of the KfW bank worth EUR 80 million and is being implemented in line with the strategic goals of Serbia in the field of renewable energy sources, determined by the Energy Development Strategy until 2025, with projections until 2030, and which primarily pertain to increasing the share of energy from renewable sources in the gross final consumption.
Funds of EUR 30 million have been approved for EPS by the Western Balkans Investment Framework (WBIF). The agreement on the provision of consulting services on the project has been signed with the consortium of Fichtner GmbH & Co and Energoprojekt Entel AD. The agreement on the supply of wind generators, columns, a substation and switchgear was signed in 2022 with the consortium of Siemens Gamesa Renewable Energy A/S Denmark and Siemens Gamesa Renewable Energy Belgrade.