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SANY International takes over large PV-BESS project in southwestern Romania

Renewable energy company Sany International (Singapore) has completed the acquisition of a project for a solar power plant of 95 MW in peak capacity combined with 218 MWh in battery storage. The location is in Romania’s Dolj county.

SANY Renewable Energy signed power purchase agreements (PPAs) and contracts for difference (CfD) earlier this year in Serbia for its wind power projects Alibunar 1 and Alibunar 2. Just before that, and through another subsidiary, SANY Group secured its entry into the European market for solar power plants with energy storage

Renewable energy company SANY International (Singapore) is now the owner of a project for a solar power plant of 95 MW in peak capacity combined with 218 MWh in battery storage. The location is in Dobrești in Romania’s southwest.

Deal was signed in April

The shares transfer ceremony took place in Bucharest on October 15 in the presence of representatives of domestic developer Enero and local energy officials, the company said, as quoted by Economica.net. It is its first acquisition of such a project outside China.

SANY Singapore’s representative Xu Zhongtian signed the share purchase agreement in April. After that, the Commission for the Examination of Foreign Direct Investments (CEFDI or CEISD) approved the transaction.

Dobrești project is at ready-to-build stage

The project at a site 45 kilometers from Craiova in southwestern Romania is at a ready-to-build stage, Sany International (Singapore) revealed.

It is one of the largest hybrid projects integrating photovoltaics with a battery energy storage system (BESS) in Romania, the company added. Of note, Dolj is one of Romania’s coal regions, which are transitioning to cleaner energy sources.

“This investment reflects the growing interest in the clean energy sector in Central and Eastern Europe, in a context in which countries in the region accelerate efforts to achieve EU energy and climate targets. At the same time, SANY strengthens its strategic focus on renewable energy investments at the European level, aiming to expand its presence in fast-growing green energy markets,” the announcement reads.

SANY Group is an industrial conglomerate, established in 1989 in China. It is mostly known for construction machinery, but SANY Renewable Energy is one of the world’s biggest wind turbine manufacturers, too.

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SANY Renewable Energy makes successful breakthrough in European market

SANY Renewable Energy, one of the world’s top five onshore wind turbine manufacturers, made its debut at Belgrade Energy Forum 2025 (BEF 2025) on May 14-15, showcasing its cutting-edge wind power technology and integrated solutions to the European market.

At BEF 2025, SANY attracted significant interest from various stakeholders thanks to the Alibunar 1 and Alibunar 2 wind farm projects, the company’s first investments in Serbia, which is one of the key markets for SANY in Europe.

SANY’s attendance at BEF 2025 not only demonstrates its competitiveness in the global clean energy industry but also lays a solid foundation for further expansion in the European market.

Innovative technology attracts attention as SANY gains broad interest from developers

As the most influential energy event in Serbia and the Balkans, BEF 2025 brought together government agencies, energy companies, and industry experts to discuss Europe’s energy transformation and sustainable development. At the event’s exhibition area, SANY focused on showcasing its large-megawatt smart wind turbines, smart wind farm management systems, and energy storage solutions. Its high power generation efficiency, low levelized cost of electricity (LCOE), and intelligent operation and maintenance drew the attention of numerous participants.

Serbian Minister of Mining and Energy Dubravka Đedović Handanović said during her visit to the SANY booth that the company’s wind power technology is impressive and highly consistent with Serbia’s renewable energy development goals.

“We look forward to working with such leading international companies to accelerate the country’s green energy transformation,” stated Đedović Handanović.

Deepening European presence and supporting carbon-neutrality goals

In recent years, SANY has continued to increase its development and growth in the European market. This high-profile appearance at BEF 2025 sends a clear signal of strengthening regional cooperation. During the forum, company representatives held multiple rounds of negotiations with energy companies and investment institutions in Serbia and neighboring countries to discuss planning and possible project and technical cooperation.

“Europe is a key market for the development of renewable energy. SANY Renewable Energy’s goal is to help customers achieve economic feasibility while increasing efficiency with its high-quality products and customized services,” said Paulo Soares, Managing Director of SANY Renewable Energy Europe.

“We are looking forward to working with all stakeholders in Serbia to jointly promote the global carbon neutrality concept,” he stressed.

Industry analysts believe that as the demand for renewable energy in Europe continues to grow, SANY is expected to capture a larger market share in Europe with its high-reliability wind turbines, intelligent operation and maintenance, and localization strategy, and become an important promoter of the global green energy transformation.

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Serbia’s EPS signs PPAs for wind parks Alibunar 1, Alibunar 2

Serbian state-owned power utility Elektroprivreda Srbije will offtake electricity from future wind parks Alibunar 1 and Alibunar 2, of 168 MW in combined capacity. EPS’s Chief Executive Officer Dušan Živković and Project Director of WV-International in Serbia Lazar Lazendić signed today the power purchase agreements (PPAs) and the contracts for difference (CfD) and balancing responsibility.

Wind power projects Alibunar 1 (96.6 MW) and Alibunar 2 (71.4 MW) are among the winners from the latest round of auctions for market premiums for renewable energy in Serbia.

CEO of state-owned power utility Elektroprivreda Srbije (EPS) Dušan Živković signed the power purchase agreements (PPAs) and the contracts for difference (CfD) and balancing responsibility for the two planned facilities with Project Director of WV-International in Serbia Lazar Lazendić.

“EPS is committed to investing in the construction of power plants running on renewable sources, and this way we are strengthening our production portfolio and market position, and we actively support all investors in renewable energy sources. EPS will offtake all the generated electricity, the energy remains in Serbia, and the purchase and balancing price is set according to market principles, which incentivizes investors and enables additional profit for EPS. This energy will also give a substantial, additional security to the operations of our electricity system and to supplying citizens and companies,” Živković asserted.

Commitment to domestic market solidified

At the signing ceremony, Lazar Lazendić pointed out that the said success in auctions represents the materialization of important objectives in the development of the projects Alibunar 1 and Alibunar 2.

“Today’s signing of the contract with Elektroprivreda Srbije, encompassing market premiums, the purchase of electricity, and balance responsibility for our future wind farms solidifies our strong commitment to this market and plays a crucial role in driving Serbia’s energy transition forward,” he added.

Alibunar 1 and Alibunar 2 are SANY Renewable Energy’s first investment in Serbia

The special purpose vehicles, SPVs, or project firms for the two facilities are called Windvision Windfarm A and Windvision Windfarm B, respectively. They are majority owned by SANY Renewable Energy.

“The Alibunar 1 and Alibunar 2 wind farm projects are crucial for our company. SANY Renewable Energy is entering the Serbian market and the Western Balkans region through these projects. This will be the first installation of our wind turbines in these wind farms, serving as a model for our future expansion. We are eager to collaborate with local stakeholders and partners to enhance the country’s energy security,” said Zhou Fugui, Chairman of SANY Renewable Energy and member of the Board and Executive President of SANY Group.

WV-International is the gold sponsor of the Belgrade Energy Forum – BEF 2025, which will be held on May 14 and 15 in Serbia’s capital city, and SANY Renewable Energy is an exhibitor.

Živković: EPS obtained additional 2.6 GW from renewable sources

Živković also said that in the two rounds of auctions facilitated 850 MW of wind and solar power capacity and that, with investors that participated in the two rounds of auctions and other independent producers in Serbia, it already has an additional 2.6 GW from renewable energy sources.

The level will increase by 1 GW in 2028 from the self-balancing solar power plants that the company is developing with its strategic partner, the consortium of UGT Renewables and Hyundai Engineering, he added. “That’s when we expect the production from renewable energy sources to reach 50% of the total electricity production,” the head of EPS underscored.

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GWEC: Record wind power capacity was installed globally in 2024

New wind turbine installations reached an all-time high 117 GW last year, slightly above the 2023 level, Global Wind Energy Council (GWEC) revealed in its annual report. According to its calculations, China’s share in the additions was 68.2%. At the end of December, the country hosted 45.8% of all wind power capacity, which climbed to 1.14 TW.

The Global Wind Energy Council’s flagship Global Wind Report showed that new capacity hit a record in 2024 for the second time in a row, following two years of declines. The additions came in at 117 GW, compared to 116.6 GW in 2023. Global wind power capacity grew to 1.14 TW, GWEC found.

On the other hand, new offshore wind, 8 GW, was down from the previous 10.8 GW. The segment amounted to 8.8 GW in 2022 and the record 21.1 GW was achieved one year earlier.

In the new outlook, this year’s total new capacities are seen at 138.2 GW, climbing each year to hit a whopping 194.1 GW in 2030.

The new capacities in the update for 2024 are slightly different than in the statistics that the International Renewable Energy Agency (IRENA) published a month ago. Namely, it deducts decommissioned facilities from the additions, while GWEC doesn’t. Still, IRENA’s total offshore wind capacity is 3.8 GW lower than GWEC’s 83.2 GW. The onshore figure is negligibly higher, by 1.1 GW – GWEC measured 1.05 TW.

Photo: GWEC

GWEC warns of from tariffs risk, ideologically driven attacks on wind and renewables

GWEC warned of increasing policy instability in some markets, and pointed to the need to improve permitting, grid transmission and auctioning mechanisms to keep pace with the global trend for electrification, meet countries’ energy and climate targets and lessen reliance on volatile fossil fuels, while fulfilling globally agreed ambitions to triple renewable energy capacity by 2030.

The council pointed out that the headline numbers mask big disparities, with the lion’s share of installations taking place in a small number of key mature markets, including China and Europe.

Blackwell: Halting projects that are under construction threatens investment certainty

“While wind energy continues to drive investment and jobs, improve energy security and lower consumer costs, we are seeing a more volatile policy environment in some parts of the world, including ideologically driven attacks on wind and renewables and the halting of under construction projects, threatening investment certainty,” said GWEC’s Chief Executive Officer Ben Backwell.

He stressed that the impact of the tariff wars has yet to be calculated, and urged decision makers to ensure a stable market and free and fair trade.

China’s share of global capacity nearing 50%

New installations were registered in 55 countries. China maintained its absolute dominance: it added 79.8 GW, translating to 68.2% of the total. Moreover, at the end of December it hosted 521 GW of wind power or a stunning 45.8% of global capacity. IRENA’s data shows the shares at 70.5% and 46.1%, respectively.

On the global scale, the United States is a distant second in wind power additions, at 4.1 GW, as well as the overall capacity: 154.3 GW. The following three are Germany (4 GW), India (3.4 GW) and Brazil (3.3 GW), which surpassed Spain.

The United States is a distant second in both wind power additions and overall capacity

Europe’s new installations in 2024 were 13.8 GW, after 14.5 GW in the previous year. The overall capacity advanced to 251 GW. The region includes Turkey, which surged by 1.31 GW to 13.7 GW. The country accounted for 1.1% of all new capacity last year, earning it a spot in the top ten in the category.

Excluding China, onshore wind volume awarded in auctions and other procurement mechanisms doubled in 2024 to a record 53.5 GW, GWEC said. In Europe, it jumped 24% to 17 GW. Germany accounted for 11 GW. The offshore segment also hit an all-time high, 56.3 GW. Europe led the way with 23.2 GW, against 17.4 GW in China.

Photo: GWEC

Last year’s auctions may boost dormant floating wind power market

The rise of the floating wind turbine technology is stalling, as only 41.8 MW was installed. The level is similar to the previous year.

However, floaters accounted for 1.9 GW of the awarded capacity, of which 750 MW for three projects in France, 750 MW in South Korea and 400 MW in the United Kingdom, for Green Volt. It is the world’s largest proposed floating wind power investment, at up to 560 MW.

The 25.2 MW Provence Grand Large facility of three SGRE turbines was commissioned offshore France. Mingyang installed its 16.6 MW V-shaped floating turbine OceanX near Guangdong. After that, early this year, China Railway Rolling Stock Corp. (CRRC) installed a 20 MW floating turbine at a testing site offshore Shandong.

One technological breakthrough after another in China

GWEC highlighted other technological breakthroughs in China as well. Some new offshore turbines of 18 MW to 20 MW were first deployed while a batch of 16 MW machines also came online.

Dongfang Electric presented the largest (offshore) wind turbine, of 26 MW, while Goldwind manufactured the first 22 MW unit in December. Onshore, 10 MW models are scaling up, and SANY installed a 15 MW prototype. Of note, the Chinese company is participating at the upcoming Belgrade Energy Forum (BEF) in Serbia, on May 14 and 15, where it will have a stand.

The world’s highest wind farm, at an altitude of 5,200 meters, was commissioned in Tibet.

CRRC started testing a 20 MW floating wind turbine early this year

Mingyang (also known as Ming Yang) introduced wind blades of 143 meters in February 2024. Next, Goldwind and Sinoma Blades passed the static load test with 147-meter pieces.

SANY commissioned the world’s largest wind turbine test bench, for 35 MW. A 40 MW platform is under construction in Shantou, Guangdong.