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As per the agreement with the municipality, Green Star noted, it is exploring the economic viability of the region's wind resources to determine whether to exercise the right to develop wind power and supply the area with green electricity.
The Company's wind resource engineer, MSc. Nikola Vasiljevic, has sited three separate micro locations in his report: two in Ram and one in Deliblatska Pescara. Plans to erect one of the Company's wind sensors at the Ram site are underway. The Municipality of Veliko Gradiste is located in north-east Serbia approximately 100 km east of the capital, Belgrade. Its territory encompasses 344 square km on the right bank of the Danube River and left bank of the Pek River.
Miodrag Andric, CEO of Green Star Alternative Energy, noted: "The Company is committed to increasing its portfolio of wind farm development locations. By utilizing comprehensive analysis and meticulous exploration systems, Green Star will continue to acquire gainful opportunities in the wind energy sector."
Green Star Alternative Energy is a renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
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