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An Oslo-based company is investing in wind farms in Serbia

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The company NBT AS, whose headquarters are in Oslo, and which invests in high-power wind power plants, will perform in Serbia together with the company WV International, with the goal of putting into operation a wind farm of 800 MW in Serbia by 2026. The first wind farms of the joint company WV-NBT Serbia with a capacity of 168 MW will be on the network in 2023.
In 2010, WV International (formerly Windvision) began work on wind farm projects in Serbia.
They are now in the “advanced development phase” and are ready for implementation under “transparent, competitive and adequate market conditions that will be enabled by the announced auction system”.
The company has been operating in the field of renewable energy sources for almost 20 years and is present in eight countries, the Netherlands, Belgium, France, Spain, Morocco, Serbia, Senegal and Tunisia.
So far, they have implemented over 200 MW of wind farm projects in Belgium and France, obtained permits for over 800 MW and the company has grown into a team of over 50 employees with expertise for the entire life cycle of renewable energy projects.
NBT, as it is added, develops wind farm projects and manages these power plants in emerging markets.
It was founded in 2004 with its headquarters in Oslo, Norway, and is most active in China and Ukraine.
NBT put into operation a 50 MW wind farm in Baicheng, Jilin Province, China, and it was the first wind power generation project to provide project financing in China.
Later, during 2011 and 2012, the NBT also put into operation wind farms with an installed capacity of 100 MW, located in Inner Mongolia.
In Ukraine, NBT is the second largest producer and operator of wind energy, with the 800 MW Zophia and 250 MW Sivashenergoprom projects.
NBT notes that it “recognized Serbia as a reliable environment for green energy” and decided to join forces with WV International to jointly implement a portfolio of projects.
WV International and NBT will develop and build wind farms in accordance with international standards that meet the requirements of the European Bank for Reconstruction and Development (EBRD) and the Equatorial Principles, Nova Ekonomija reports.

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