The wind energy project Budakova, which is located in the municipalities of Suhareka, Shterpce and Ferizaj in Kosovo and which we are developing on behalf the Swiss company Upwind International II GmbH, has this week received the definite environmental permit.

After our first wind energy project in Kosovo, which we have been developing for some years now, having received the environmental permit some months ago, the inspection of our application documents for the 48-MW-project in Budakova has now shown that it is environmentally compatible.

This project is located on a mountain ridge near the town Suhareka and lies between 1,000 and 1,600 m.s.l. It is planned to employ wind turbines of the 3.0-MW-class for this project and a comprehensive road connection study has shown that this is technically feasible.

With the definite environmental permit we have got a considerable step closer to the realisation of this project. Furthermore, we expect to receive the preliminary operation license for this wind park from the Energy Regulatory Office (ERO) within the next weeks.

Based on the wind measurements that we have been conducting for some years now at the site Budakova we reckon with an annual energy yield of approximately 120,000 – 130,000 MWh at an installed capacity of 48 MW.

We expect this project to be completely permitted by the beginning of 2014, so that it can be realised from 2015 onwards.