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Norwegian, Belgian firms to build 800MW of wind capacity in Serbia by 2026

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Norwegian utility-scale wind power developer NBT entered a partnership with Belgium-based WV International, former Windvision, to develop wind projects with a combined capacity of 800 MW in Serbia by 2026, the two companies said on Tuesday.

The first wind parks with a combined capacity of 168 MW are coming online in 2023, NBT and WV International said in a joint statement.

The project companies will operate under the name WV-NBT Serbia.

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The wind farms will bring significant economic development and tax revenues to the region, providing up to 2,000 jobs during construction, the two companies added.

WV International and NBT will develop and build the wind farms under international standards conforming to performance requirements of the European Bank for Reconstruction and Development (EBRD) and the Equator Principles.

Source:www.ieefa.org

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