Abu Dhabi Future Energy Company PJSC – Masdar and Finnish renewable energy fund manager Taaleri Energia inaugurated the 154 MW Čibuk 2 wind farm on 14 September, Masdar’s newsroom says, creating what the companies call the largest wind power hub in Serbia and the Western Balkans. Balkan Green Energy News’s same-day report says the partners marked the formal start of operation of the 154 MW farm. The desk holds to that company and regional-outlet language: inauguration and formal start of operation as printed — not an independent grid commercial-operation-date audit. (A WAM English URL opened for this edition returned empty loader HTML and is not used for load-bearing facts.)
Čibuk 2 sits alongside the 158 MW Čibuk 1 wind farm in Serbia’s South Banat region, around 40 kilometres from Belgrade on Masdar’s account. Balkan Green Energy News places the new farm between the villages of Bavanište and Mramorak in the municipality of Kovin and calls the area the country’s windiest. Together the two projects have total installed capacity of 312 MW, providing enough clean electricity to power around 178,800 households on the companies’ figures. The combined projects represent more than €500 million of foreign direct investment in Serbia’s energy infrastructure.
Čibuk 2 comprises 22 Nordex turbines. Masdar says it will generate up to 336,000 megawatt-hours of clean electricity annually — enough to power around 80,000 homes — while avoiding approximately 311,200 tonnes of carbon dioxide emissions each year. The wind farm is 50/50 owned by Masdar and Taaleri Energia and was developed in partnership with New Energy Solutions. During construction, more than 1,000 people were engaged across the workforce, subcontractors, and project management, the majority of them local to South Banat, Masdar reports.
The inauguration ceremony in Belgrade was attended by Her Excellency Dubravka Đedović Handanović, Minister of Mining and Energy of the Republic of Serbia; His Excellency Ahmed Almenhali, Ambassador of the United Arab Emirates to Serbia; Ms. Elina Ollila, Deputy Ambassador of Finland to Serbia; and leadership of Masdar and Taaleri Energia. Đedović Handanović said completion of Wind Park Čibuk 2 contributes to Serbia’s decarbonization and energy independence, and that the two Masdar-developed plants totaling 312 MW currently account for around 25 percent of Serbia’s combined wind and solar power capacity. She called Čibuk 1 an early-phase project and Čibuk 2 a standout in a more mature market phase. Masdar CEO Mohamed Jameel Al Ramahi called the day a significant milestone for delivering complex projects at speed and competitive cost, with over 300 MW now installed at the Čibuk hub and a platform for expansion across the wider region and Central and Eastern Europe. Taaleri Energia managing director Kai Rintala said Čibuk 2 reflects long-term regional commitment and that Čibuk 1 and Čibuk 2 now operating together as the largest wind hub in Serbia and the Western Balkans show lasting value from disciplined project execution.
Financing and offtake detail from Balkan Green Energy News fills the commercial mechanism. The Čibuk 2 project reached financial close two years ago. At the same time, special purpose vehicle Čibuk 2 Wind Energy — a subsidiary of joint venture Masdar Taaleri Generation — signed a power purchase agreement as well as contracts on balancing and a market premium with state-owned utility Elektroprivreda Srbije. UniCredit and Erste provided project financing; Nordex is the equipment supplier; Čibuk 2 secured a market premium at Serbia’s first wind power auction. Masdar and Taaleri Energia commissioned Čibuk 1 in 2019 on that outlet’s account.
Beyond the operational complex, Masdar cites a Serbian development pipeline of more than 200 MW spanning solar, wind, and battery storage. Serbia plans to bring around 3.5 gigawatts of new wind and solar capacity online by 2030 and to achieve 45 percent of electricity generation from renewables in the same timeframe — targets restated in Masdar’s release and echoed in the ministerial framing.
What comes next is ordinary and checkable: published output from the combined 312 MW hub; any next FID from Masdar’s >200 MW Serbian pipeline; Serbia’s auction and connection calendar toward the 2030 renewables share.
Floor: Čibuk 2 (154 MW, 22 Nordex) inaugurated / formal start of operation 14 Sep; with Čibuk 1 = 312 MW Western Balkans wind hub; >€500m FDI; ~178,800 households combined on company figures.