Wind Energy for 30,000 households

12/5/2024
Kostolac WF site visit


Kostolac wind farm is being built at full speed after many challenges and it is part of Serbia’s efforts to produce, like other European countries, more clean energy for its citizens and economy and to reduce dependence on fossil fuels – said Minister of Mining and Energy, Dubravka Đedović Handanović, during the visit to the 66 MW wind farm construction site.

She visited Kostolac WF site with the ambassadors of the European Union and the Federal Republic of Germany, Emanuel Gioffre and Anke Konrad, and the General Manager of Elektroprivreda Srbije, Dušan Živković.
- By the end of the decade, almost every second megawatt-hour of electricity will be generated from renewable energy sources, which is an indication that we have launched an unstoppable process of energy transition. This was confirmed by the Energy Community which marked Serbia as a leader in the implementation of reforms in this area. We are grateful to the European Union for allocating 30 million euros grant, as well as to Germany for favourable credit terms and additional grant through development bank KfW. Additionally, the old mining landfill becomes, in this way, a place where clean energy will be produced with less impact on the environment – said Minister Đedović Handanović.

Speaking about current progress of the works, the General Manager of EPS JSC, Dušan Živković, said that intensive works were underway at all four locations.

- Fifteen foundations have been concreted so far, wind turbines 7 and 6 have been built, followed by construction of wind turbine 1. Substation, switchgear and internal cable network are being built, and the works are planned to be completed in mid-2025. All building permits have been obtained for the project, as well as all changes to building permits. The wind farm will produce 187 million kilowatt-hours per year, which is enough to supply about 30,000 households with green energy – said Živković.

The investment is 144 mlion euros worth and financed from the German Development Cooperation through KfW Bank loan of 110 million euros, EU grant of 30 million, while a part of the funds is provided by EPS.

The Ambassador of the European Union, Emmanuel Goiffre, stated that Kostolac wind farm is a significant achievement in energy transition of Serbia and a testimony to strong partnership between Serbia and the European Union.

- This project, aligned with the EU Green Agenda for the Western Balkans, represents a concrete step towards decarbonization and sustainable energy development. By using wind energy, Serbia is not only reducing its dependence on fossil fuels, but also advancing its climate commitments and ensuring a cleaner future for its citizens. The European Union is proud to support the transformation of energy sector of Serbia and it has invested more than one billion euros in grants since 2000. From improving the energy efficiency to fostering renewable energy projects, we are committed to helping Serbia build a resilient and modern energy system. This partnership, based on the European Green Deal and the Green Agenda for the Western Balkans, shows that sustainable growth and environmental protection can go hand in hand, supporting progress of Serbia towards EU integration and a greener future, said Gioffre.

The Ambassador of the Federal Republic of Germany, Anke Konrad, emphasized that Germany is proud to support the construction of the first public wind farm in Serbia as part of long-term development cooperation on the transition to green energy in Serbia, which has been ongoing since 2000. Kostolac Wind Farm Project – supported by German Development Cooperation through KfW and EU – is helping Serbia to reduce its dependence on fossil fuels and to achieve its carbon neutrality goals by 2050 – said Konrad.

Top