There are currently no wind power projects producing energy in Serbia. (Republic of Serbia - Ministry of Mining and Energy, "Renewable Energy Sources", May 2008). This fact provides the Company with a real and substantial advantage - Green Star will be the first wind energy producer in Serbia, and the Company will help shape the industry on a national level. Green Star will be the first to begin utilizing the 2000+ MW of wind resources available.
At present, Green Star is not aware of any other companies that have received the necessary permission and licensing to begin the process for the construction of wind energy facilities.
Serbia's Capacity for Renewables and Energy Eciency February 2009
7. The government of Serbia should shorten and simplify the complex series of permits necessary for wind and solar farms, and mini-hydro plants. [...] There is some potential to use wind energy in Serbia and currently the Ministry for Science and Technology Development is producing a wind atlas of the country. In the city of Vlasna, there is a 1 MW wind generator. Likewise, the municipalities of Kovin, Pancevo, and Bela Crkva have signed contracts in this area with private companies. However, again the lack of a regulatory framework is holding up rogress.
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