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Serbia: Fortis Energy to develop 144 MW Juhor wind farm, expands renewable projects

Turkish renewable energy company Fortis Energy has announced plans to install 20 wind turbines, each with a capacity of 7.2 MW, as part of its 144 MW Juhor wind farm project in central Serbia. Currently in the regulatory and technical planning phase, the Juhor wind farm is expected to generate over 425 GWh of electricity […]

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Montenegro: Alcazar Energy submits EIA for 119 MW Bijela wind farm

The Montenegrin Environmental Protection Agency (EPA) has announced that Vjetro Park Bijela, a subsidiary of Luxembourg-based renewables developer Alcazar Energy, has submitted a request for approval of an environmental impact assessment (EIA) for its 119 MW Bijela wind farm. The EIA covers the planned wind farm development in the northern municipality of Savnik, which will

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Montenegro: Offshore wind potential estimated at 2.3 GW

A Study on the Resource Viability of Offshore Wind Energy in Montenegro, authored by Miloš Bogdanovic and Špiro Ivoševic at the Faculty of Maritime Studies, University of Montenegro, suggests the country has potential for more than 2.2 GW of offshore wind.  The authors of the study investigated areas in the Adriatic suitable for the construction of offshore windfarms. Seven

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Western Balkans: Alcazar receives 490 million USD to finance renewables

Luxembourg infrastructure fund Alcazar Energy Partners II has reached a final closing of US$490 million after successfully acquiring the project rights for its first two wind farms in the Western Balkans, totaling 456 MW. Since first closing in November 2022, the fund has attracted eight additional investors, including the US International Development Finance Corporation (DFC).

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Greece: Crete offshore wind farm talks to be held after European elections

Deputy energy minister Alexandra Sdoukou and Crete’s regional authorities have agreed to postpone further talks on the island’s prospective offshore wind farm plan until mid-June, following European Parliament elections. Voting in Greece is scheduled for June 9. Market officials have feared the matter would be delayed over political cost concerns ahead of the European Parliament

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