HomeSEE Energy NewsEnvision turbine deal advances Stip wind project first phase in North Macedonia

Envision turbine deal advances Stip wind project first phase in North Macedonia

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Financing secured for 131.25 MW Stip phase

The 131.25 MW first phase of the Stip wind project in North Macedonia has moved toward construction after securing financing and selecting Envision Energy as turbine supplier. Developer Alcazar Energy Partners has reached financial close with funding from the EBRD, IFC, Erste Group and Sparkasse Bank Skopje. Electricity from the project will be sold under a long-term private power supply agreement with an investment-grade international corporate buyer.

Turbine supply and technical parameters for EN182 units

Envision will supply 21 EN182 turbines for the first phase. Each unit is rated at 6.25 MW, with hub heights of 120 metres. The financing and turbine order currently cover only the initial stage of the development.

Three-stage development up to 396 MW

The Stip wind project is planned in three stages, with potential total capacity reaching 396 MW. While the current package supports only the first phase, completing the full development would expand North Macedonia’s wind generation fleet. The structure combines international project financing, a corporate electricity offtake agreement and large Chinese turbines.

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