Green Energy of Serbia
Invest for a better future
Many have talked about constructing wind parks…We’ve succeeded
WHO ARE WE?
Fintel Energija a.d. has acted as one of the leading companies in wind energy in the Balkans for almost a decade and it is nowadays the leading Independent Power Producer in the Serbian energy market. Fintel Energija a.d. was the first ever company to install and operate wind farms in Serbia back in 2016.
Majority shareholder of Fintel Energija a.d. is Fintel Energia Group S.p.A, a leading Italian renewable energy player.Read more
For more detailed information on the requirements for buying shares please download the Prospectus of Initial Public Offering.
ACTIVE WIND FARMS AND PLANNED PROJECTS:
Fintel energy in numbers
Households supply electricity
GW of total installed power
Frequently asked questions
HOW IS WIND POWER CONVERTED INTO ELECTRICITY?
There is a weather vane at the top of each wind mill enabling the blades of wind turbine to rotate based on the direction from which the wind blows. The average length of one blade is 60 meters. The blades are made of lightweight and resistant material, making it easy to move. Therefore, at a wind speed of 11 km/h these blades turn around and produce energy. They are connected to the center where the accumulated wind energy in the so-called gearbox increases 100 times and continues further to the generator. In order for the electricity to reach the end users, it is necessary to convert the kinetic wind energy in the generator into electricity, from where it is then distributed through the eletro network to the households.
HOW DO WINDMILLS AFFECT PRESERVATION OF THE ENVIRONMENT?
The windmils generate electricity with the help of the wind energy. The electricity generated this way is completely clean energy i.e. during the process of converting the wind energy into the electricity there is no emission of harmful gases, nor does it disturb the ecosystem. By increasing the use of energy generated by wind turbines, we reduce carbon dioxide emissions, therefore one wind mill reduces 2.365 tons of that harmful gas annually. Also, the annual consumption of watter on a global scale is reduced by using the wind mills and that is the amount of water enough to fill 174,000 baths intended for bathing.
CAN SOUND EMITTED FROM WINDMILLS CAUSE ADVERSE HEALTH EFFECTS?
Modern wind turbines are extremely silent, so the sound of their work cannot have adverse health effect to the surrounding inhabitants. The sound heard at 50 meters is 80 decibels, which is equal to the sound of the vacuum cleaner, while at 400m distance, the sound of the windmill is heard as the refrigerator in operation. In addition, only the surface area of one acre is sufficient for the positioning of one wind turbine and the soil at its base not only remains fertile, but also it is possible to be cultivated.
IS WIND POWER ELECTRICITY EXPENSIVE?
In comparison with the electricity generated by the exploitation of other renewable energy sources, the electricity generated by wind power is the cheapest and economically the most profitable.
HOW COST-EFFECTIVE ARE INVESTMENTS IN WIND FARMS?
Considering the limited possibility of exploitation of oil, fossil fuel and other resources whose sources may be dried up, an international community has defined a goal of obtaining 27 percent of the energy from one of the renewable sources by 2020. In this sense, the construction and exploitation of wind farms represents a strategic commitment of many countries and it certainly is a long-term and cost-effective investment.
Although Great Britain is the most windy country in Europe, only one wind turbine is positioned in each 100 km2 area. In Germany, 7 wind turbines are positioned in each 100 km2 area and in Denmark there are 11 wind turbines. This confirms that the amount of wind present in a particular country does not have to be a decisive factor in the construction and exploitation of wind farms.
1 wind turbine can supply 1219 house holds, 13,479 refrigerators, 16,000 solar panels with electricity.
Windey is selected as preferred supplier for 854 MW Maestrale Ring project. The largest European on-shore wind farm.
Zhejiang Windey Co. LTD, has been selected as the preferred turbine supplier for the Fintel’s fully owned Maestrale Ring project. The agreement includes the supply of 112 turbines as well as a 10-year service and maintenance agreement.Read more
Fintel Energija A.D. Beograd has entered into 4 separate ISDA Master Agreements with Danske Commodities A/S....Read more
Windey is selected as preferred supplier for 110 MW Serbian projects under construction by Fintel Energija A.D.
Zhejiang Windey Co. LTD, has been selected as the preferred turbine supplier for the Kosava Phase II, Kula 2, Kula 3, Kula 4 and RAM projects. The agreement includes the supply of 28 turbines as well as a 10-year service and maintenance agreement.Read more