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SANY Renewable Energy to Break Ground on Serbia’s 168‑MW Alibunar Wind Farm by June

SANY Renewable Energy plans to begin construction of Serbia’s 168‑megawatt Alibunar wind farms by June, with grid delivery expected in early 2028.

Elena Voss/3 min/US

Business & Markets Editor

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SANY Renewable Energy to Break Ground on Serbia’s 168‑MW Alibunar Wind Farm by June
Source: SanyglobalOriginal source

SANY Renewable Energy will begin building Serbia’s 168‑megawatt Alibunar wind farms by the end of June, aiming to deliver power to the grid in early 2028.

Context

SANY Renewable Energy, a Beijing‑based wind turbine maker, has signed engineering, procurement and construction contracts for two sites in northeastern Serbia. The Alibunar 1 and Alibunar 2 projects together make up the company’s first renewable investment in Europe.

During recent meetings with Serbian state utility EPS, the Ministry of Mining and Energy, and transmission operator EMS, SANY officials thanked local partners for their support and noted the country’s stable regulatory framework. The company also highlighted that it is reviewing additional project acquisitions in the region.

Key Facts

The combined capacity of Alibunar 1 (96.6 MW) and Alibunar 2 (71.4 MW) totals 168 megawatts. Construction is slated to start before the close of the second quarter of 2024, with groundbreaking expected by June.

SANY forecasts that electricity generation and delivery to the national grid will commence in early 2028. The projects secured contracts for difference in Serbia’s second renewable auction, which transferred ownership to SANY after the bidding round.

Contracts for difference guarantee a fixed price for the electricity produced, shielding developers from market volatility. This mechanism helped make the Alibunar sites financially viable for the developer.

What It Means

For Serbia, the Alibunar farms add a sizable chunk of clean power to a grid still reliant on fossil fuels, helping the nation meet its EU‑aligned renewable targets. The development also strengthens regional energy security by diversifying supply sources and reducing import dependence.

SANY has signalled that it may pursue further acquisitions in the region, with a long‑term view of reaching up to 800 megawatts of installed wind and solar capacity in Serbia. Construction will create jobs and stimulate regional supply chains, according to the company’s statements.

Watch for grid connection tests and commissioning activities scheduled for late 2027, which will clarify the timeline for the 2028 power delivery.

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