THE FIRST PHASE OF "KOŠAVA" WILL PRODUCE ELECTRICITY FOR 45 000 HOUSEHOLDS UNTIL THE END OF 2009

 

Izbište, July 17, 2017–The company Fintel Energijais successfully carrying out the construction works of the first phase of "Košava" - the third wind farm, which represents one of the largest investments so far in the field of renewable energy in Serbia. In addition to the first two wind farms that the company have previously opened - "Kula", near Kula and the wind farm "La Piccolina" near Vršac, the works on the construction of the third wind farm have been progressing according to the plan. So far, two transmission lines, a transformer station and a connection-terminating station have been built, and the foundations for the installation of wind turbines are being constructed along with these works. The value of this part of the investment is 20 million euros.

 

"The company Fintel Energija is committed to further investments in renewable energy sources in Serbia with an aim to use the potential of this country as much as possible. I am very pleased with the progress we made in carrying out the construction workswith a help of the expertise and experience of local firms and local workers that we havehiredand I expect we will complete the works within the stipulated term", said Tiziano Giovannetti, Fintel Energija’s Executive Director.

 

The first phase of Košava wind farm will consist of a plant with 20 wind generators, power of 69 mw, and it will produce electricity for 45 thousand households. Fintel Energija will invest 120 million eur in the construction of these 20 wind generators. The completion of the construction works is expected in 2019. Over 100 people have been hired at this stage of the investment.

 

In addition to increase in the total energy capacity in Banat, Vojvodina and the Danube region, Fintel Energija has plans to make further investments in wind energy in Serbia and the region. By realizing this and other projects that are currently in development, Fintel Energija will further consolidate the leading position in the production of green energy.