Sany seals PPA and CfD deal for Alibunar project in Serbia

Sany Renewable Energy has announced the signing of a power purchase agreement (PPA) and contract for difference (CfD) for its Alibunar wind power project in Serbia.

The Alibunar project is located in eastern Serbia, an area renowned for its wind resources.

It will commence commercial operations by 2028 and have an operational lifespan of 25 years.

The facility has an installed capacity of 168MW and is projected to generate 480 million kilowatt hours (kWh) of electricity annually upon completion.

It will supply Serbia with clean energy, aiding in restructuring the local energy mix away from fossil fuels towards more sustainable sources.

The project represents Sany’s inaugural investment in the country. The company plans to utilise its technical expertise to guarantee smooth progress and consistent performance post-completion.

The company’s on-site professional operation and maintenance team will provide extensive support throughout the life cycle of the project.

Sany Renewable Energy chairman Zhou Fugui stated: “The Alibunar wind project is of great importance to us, marking our entry into the wider European market.

“We will actively co-operate with local partners and introduce advanced wind power technologies and solutions to help Serbia realise its energy transition and sustainable development goals.”

Sany has prioritised climate action within its sustainability strategy, aligning with the Paris Agreement's objective of limiting global warming to 1.5°C.

In 2024, the company’s wind turbines produced 135.8 billion kWh of electricity, resulting in a reduction of CO₂ emissions by 72.87 million tonnes, equivalent to planting 3.3 billion trees.

Additionally, Sany is committed to promoting environmentally friendly turbine design and to increasing the recyclability of mainstream models to 95% by 2030, based on 2020 levels.

In October 2024, Sany secured a contract to supply wind turbines with a capacity of more than 1.3GW to three subsidiaries of the JSW Group, an Indian multinational conglomerate.

"Sany seals PPA and CfD deal for Alibunar project in Serbia" was originally created and published by Power Technology, a GlobalData owned brand.

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