EPS to Invest EUR 110 Million in Construction of Wind Farm Kostolac

The wind farm Kostolac, with a power of 66 megawatts (MW), which is being realized by Elektroprivreda Srbije (EPS), and which is worth over EUR 110 million, will be completed at the end of 2024, said the portfolio project manager of EPS, Predrag Djordjevic.

This wind farm, as said during the visit to the location where it will be built, will spread on 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 electrical 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 a switchgear was signed in 2022 with the consortium of Siemens Gamesa Renewable Energy A/S Denmark and Siemens Gamesa Renewable Energy Belgrade.

Akcionarsko društvo Elektroprivreda Srbije Beograd

Fichtner GmbH & Co. KG Stuttgart

Energoprojekt Entel a.d. Beograd

Siemens Gamesa Renewable Energy

KfW Bankengruppe Frankfurt am Main

KfW Bankengruppe Frankfurt

Elektroprivreda Srbije

EPS

Wind Farm Kotolac

Thermal Power Plants and Mines Kostolac

KfW bank

Western Balkans Investment Framework

WBIF

Fichtner GmbH Co

Energoprojekt Entel AD

Siemens Gamesa Renewable Energy AS

Siemens Gamesa Renewable Energy

Drmno

Petka

Ćirikovac

Klenovnik

Predrag Đorđević

Goran Bura

Energy Development Strategy

mines

wind farms

wind turbines

green electrical energy

households

renewable energy sources

wind generators

substations

photovoltaic facility

solar power plant

open pit mine

solar energy