Cibuk 1 is a 158.46MW onshore wind power project. It is located in Vojvodina, Serbia. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 158.46 | 158.46 | – | Active | Vojvodina, Serbia | Continental Wind Partners; Vetroelektrane Balkana d.o.o – WEBG |
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Description
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The project was developed by Continental Wind Partners and Vetroelektrane Balkana d.o.o – WEBG. Abu Dhabi Future Energy, Taaleri and Deutsche Investitions- und Entwicklungsgesellschaft are currently owning the project having ownership stake of 60%, 30% and 10% respectively.
The project generates 475GWh electricity and supplies enough clean energy to power 113,000 households, offsetting 370,000t of carbon dioxide emissions (CO2) a year. The project cost is $341.916m.
The Tubular Steel towers installed at the project site are 110m high.
Development Status
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By GlobalDataThe project is currently active. The project got commissioned in October 2019.
Power Purchase Agreement
The power generated from the project is sold to Elektroprivreda Srbije under a power purchase agreement for a period of 12 years.
Contractors Involved
GE Renewable Energy was selected to render EPC services for the wind power project.
GE Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 57 units of 2.75-120 turbines, each with 2.78MW nameplate capacity.
GE Renewable Energy is the O&M contractor for the wind power project. The operation and maintenance contract commenced from 2019, for a period of 15 years.
About Continental Wind Partners
Continental Wind Partners LLC (CWP) is a renewable energy company that develops and operates wind farms. The company’s business activities range from greenfield project through development, financing, and construction. It also offers project development activities include site selection, development and design, procurement and financing, wind measurement, and construction management and operation. CWP’s projects include Boco Rock Wind Farm, Sapphire Wind Farm, Independenta, and others. The company develops projects in Australia, Bulgaria, Poland, Romania, and Serbia. CWP is headquartered in Wilmington, Delaware, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
