The Stip (Shtip) wind farm is an onshore wind project being developed by Alcazar Energy Partners in the Republic of North Macedonia. It is the largest wind energy project to be developed in the country.
The wind farm is due to have a total installed capacity of 396MW and will be delivered in three phases with an estimated investment of $531m (€450m).
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Phase one will have a capacity of 131.25MW, while phases two and three will add a further 264MW.
Each phase is being developed by special purpose vehicles established by Alcazar Energy Partners II SLP, a sustainable infrastructure fund domiciled in Luxembourg and managed by Alcazar Energy Partners.
Phase one is being developed by STP Wind DOOEL Skopje, while phase two will be developed by KARP Wind DOOEL Skopje and phase three by RADO Wind DOOEL.
Financial close for the first phase was reached in September 2026. This phase is estimated to require an investment of €180m and is expected to enter full operation in 2028.
Once commissioned, phase one is expected to generate sufficient electricity to supply more than 35,000 households each year and avoid up to 300,000t of carbon dioxide emissions annually.
The full project is scheduled to be operational by 2029, with an anticipated operating life of 25–30 years. Annual power generation at the wind farm is estimated to surpass 1,340GW-hours, enough to power more than 148,000 households annually. The project is expected to create more than 300 jobs across the construction and operational stages.
The project is part of North Macedonia’s Just Transition Investment Platform, announced at COP28, and is intended to support reductions in the country’s greenhouse gas emissions.Top of Form
Development background
The development of the Stip wind farm commenced in 2009, when an environmental impact assessment was conducted in accordance with national requirements. Environmental consent was subsequently granted and is valid until February 2028.
In 2010, the Ministry of Transport and Communications approved the project’s state urban plan, formally designating the site for construction and power generation.
The Environmental Protection Elaborate (EPE) was prepared and approved by the Ministry of Environment and Spatial Planning in December 2024.
Following design updates to incorporate technological advancements, a revised urban plan was prepared and received approval in June 2025.
A further EPE was prepared and approved in January 2026, following completion of the overhead line (OHL) and substation design.
Location
The proposed Stip wind farm project area, covering approximately 335 hectares, is situated in the central-eastern part of North Macedonia in the Municipality of Štip, with smaller sections extending into the municipalities of Karbinci and Radoviš.
The project area is bordered by the village and mine of Bučim to the south-east and by agricultural land to the west. The key biodiversity areas of Lake Mantovo and the Lakavica River are situated to the south.
The terrain is hilly, with elevations ranging from 500m (1,640ft) to 900m above sea level.
Stip wind farm make-up
The Stip wind farm will comprise 54 wind turbine generators (WTGs), each with a nominal capacity of between 6MW and 8MW. The turbines are designed with a hub height of approximately 120m and a rotor diameter of around 182m.
Phase one will involve the installation of 21 EN182-6.25MW wind turbines, which have a hub height of 120m.
The project also includes the construction of a new 35/400kV Baltalija electrical substation, 80km of 35kV underground inter-array cabling, and the construction, restoration or widening of 68km of internal service roads, alongside improvements to an off-site access road.
Phases two and three of the wind farm will comprise 17 WTGs and 16 WTGs, respectively.
Grid connection
The electricity generated by the wind turbines will be carried by the 35kV inter-array cables to the Baltalija 35/400kV substation.
From the substation, a 7km-long, double-circuit 400kV OHL will transfer the electricity into the national transmission grid, operated by MEPSO, the state-owned electricity transmission system operator.
Financing for the Stip wind farm
Erste Group, the International Finance Corporation, and the European Bank for Reconstruction and Development are providing a senior financing package exceeding €115m for the wind farm.Top of Form
Additionally, Sparkasse Bank AD Skopje is providing a separate local VAT facility for the project.
Contractors involved
Envision Energy, a wind turbine and energy management software provider, is supplying 21 wind turbines for the project.
In July 2026, KONČAR Group, an electrical, transport and energy company, and Dalekovod, a project management company and part of KONČAR, were awarded a €53.76m contract to construct the first phase of the wind farm and develop its associated power infrastructure.
Alcazar Energy Partners appointed independent consultant Mott MacDonald to undertake the environmental and social impact assessment and prepare the Livelihood Restoration Plan.
Eptisa, an engineering services company, has been appointed to provide owner’s engineer services for the wind farm.
Maktek Dooel, an explosives technology and construction company, is also involved in the Stip wind farm project.
