Masdar and taaleri energia launch wind farm in Serbia
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Abu Dhabi Future Energy Company (Masdar) and Finnish Taaleri Energia recently activated the 154-megawatt Šipok 2 wind farm in Serbia, joining the existing Šipok 1 farm to create the largest wind complex in the country and the wider western Balkans region.
The inauguration ceremony in Belgrade included representatives from the Serbian Ministry of Mining and Energy, the United Arab Emirates embassy, and the Finnish embassy, along with leaders from Masdar and Taaleri Energia.
The Šipok 2 farm, located in the south Banat region about 40 kilometers from Belgrade, combines with Šipok 1 to generate a total of 312 megawatts of power. This combined capacity can supply clean electricity to approximately 178,800 homes. The two companies invested over 2.1 billion dirhams (500 million euros) in the projects, supporting the development of Serbia’s energy infrastructure.
As Serbia experiences growing electricity demand, Šipok 2 will provide reliable and affordable power from local sources for decades to come. This will strengthen Serbia’s energy security, reduce reliance on fluctuating fuel prices, and build a more resilient and diversified energy system. Masdar also has a portfolio of projects under development in Serbia totaling over 200 megawatts, including solar, wind, and battery storage projects.
Serbia aims to increase its renewable energy capacity by 3.5 gigawatts by 2030, with renewables making up 45 percent of its total electricity supply.
