European Union and German ambassadors, Emanuele Giaufret and Anke Konrad, visited the construction site of the Kostolac wind farm alongside Serbia’s Minister of Mining and Energy, Dubravka Đedović Handanović.
The wind farm, Serbia’s first wind power plant built by Elektroprivreda Srbije (EPS), will have a capacity of 66 MW, enhancing the country’s energy supply security and advancing its decarbonisation agenda.
Intensive construction work is underway at the wind farm, which is expected to provide energy for over 30,000 households. The project is set to be completed by mid-next year.
During the visit, Ambassador Giaufret highlighted Kostolac as a significant milestone in Serbia’s energy transition and a testament to the strong partnership between Serbia and the European Union.
“This project, aligned with the EU Green Agenda for the Western Balkans, represents a tangible step toward decarbonisation and sustainable energy development. By harnessing wind power, Serbia not only reduces its reliance on fossil fuels but also strengthens its climate commitments and ensures a cleaner future for its citizens. The European Union is proud to support Serbia’s energy sector transformation, having invested over €1 billion in non-repayable funds since 2000. From improving energy efficiency to promoting renewable energy projects, we are dedicated to helping Serbia build a resilient and modern energy system. This partnership, grounded in the European Green Deal and the Green Agenda for the Western Balkans, demonstrates that sustainable growth and environmental protection can go hand in hand, supporting Serbia’s progress towards EU integration and a greener future,” said Ambassador Giaufret.
The €144 million investment is funded by German development cooperation through a €110 million KfW Bank loan, €30 million in EU grants, and additional funding from EPS.
German Ambassador Konrad expressed Germany’s pride in supporting the construction of Serbia’s first public wind farm as part of its long-standing development cooperation in Serbia’s transition to green energy, which began in 2000.
“The Kostolac Wind Farm project, supported by German development cooperation through KfW and the EU, helps Serbia reduce its dependence on fossil fuels and achieve its carbon neutrality goals by 2050. I’m pleased to see the first wind turbine erected and look forward to the completion of Serbia’s first public wind farm,” said Konrad.
Photo: europa.rs