UAE – Mubasher: A consortium of Emirati renewable energy company Masdar, a subsidiary of Mubadala Investment, has opened EUR 300 million Cibuk 1 utility-scale commercial wind farm in Serbia.
Situated on 37 square kilometres, Cibuk 1 includes 57 onshore wind turbines from GE Renewable Energy, the Emirates News Agency (WAM) reported on Friday.
“Since Masdar’s establishment more than a decade ago, its mission has been to advance the clean energy sector and to provide sustainable, innovative solutions to the world’s energy needs,” chairman of Masdar Sultan bin Ahmad Sultan Al Jaber said.
The 158-megawatt wind farm will sustainable and emissions-free power to 113,000 homes and displace over 370,000 tonnes of carbon dioxide per year, WAM revealed.
"In collaboration with the Government of Serbia, our fellow shareholders in Tesla Wind, the lenders, contractors and our many other partners, Masdar is proud to successfully deliver the largest utility-scale commercial wind project in the Western Balkans,” CEO of Masdar Mohamed Al Ramahi commented.
