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SANY R.E. entered into a Power Purchase Agreement (PPA) and Contract for Difference (CfD) with Serbia’s Alibunar wind project. The project is located in eastern Serbia, one of the country’s richest areas for wind resources. Slated to achieve commercial operation in 2028, the project will operate for around 25 years. Wit is expected to have a total installed capacity of 168MW and produce electricity of about 480 million kWh annually. Once connected to the grid, it will provide Serbia a large amount of clean energy to reduce the dependence on traditional fossil energy.
Zhou Fugui, Chairman of SANY R.E., said: “The Alibunar wind project is of great importance to us, marking our entry into the wider European market. We will actively co-operate with local partners and introduce advanced wind power technologies and solutions to help Serbia realize its energy transition and sustainable development goals.”
