crni vrh wind project

Crni Vrh Wind Project and Chinese Investment in Serbia’s Energy Sector

The Crni Vrh wind park in eastern Serbia is positioned as a significant renewable energy initiative within the Western Balkans, boasting an installed capacity of approximately 150 MW and an expected annual output of around 480 GWh. This project marks a pivotal shift in ownership and operational strategy, moving away from previous European-led investments to a model characterized by direct Chinese equity involvement and vertically integrated execution. Situated between Bor, Žagubica, and Majdanpek, the project occupies a high-altitude area that…