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Alcazar Energy acquires rights for 968MW of renewable projects in Serbia

Global, News

Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will generate clean energy to power over 31,000…

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Masdar and Taaleri Energia achieve financial close for Čibuk 2 wind farm in Serbia

Global, News

Masdar, in partnership with Taaleri Energia, has reached financial close for the 132 MW Čibuk 2 wind farm in Serbia, securing a €144 million debt facility from UniCredit and Erste (Erste Group and Erste Bank Serbia). The wind farm will power 62,000 households and offset 311,200 tonnes of carbon dioxide emissions annually. The project, developed by Masdar Taaleri Generation in collaboration with Serbian developer New Energy Solutions, will feature 22 Nordex 7 MW turbines. Nordex…

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Fortis Energy secures permits for 509.4 MW wind projects in Serbia

Global, News

Fortis Energy has obtained preliminary permits for three wind projects in Serbia, totalling 509.4 MW. These projects will generate 1.5 billion kWh of renewable energy annually, enough to power 750,000 households and prevent 350,000 tons of carbon emissions each year. EMS (Elektromreža Srbija) has confirmed grid connections for Fortis’ 171 MW Vranje and 194.4 MW Gornjak wind parks, while the 144 MW Juhor wind park is still undergoing the preliminary licensing process. Wind measurements and…

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Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt

Global, News

Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up to 4.7 million tonnes of…