Green Star Alternative Energy, Inc. announced the development of a new wind energy project in the Republic of Serbia. The 20 megawatt (MW) Belo Blato wind farm will be the initial phase of a 300-MW development plan.

It will be the country's first renewable energy project to generate power from wind. Green Star is hiring alternative energy development and power trading company Notos d.o.o. to become Serbia's first wind power developer. Green Star expects the Belo Blato project to come online by second quarter 2009.

"Serbia is ready for wind power. The nation has ample wind resources and a stable and growing economy. National energy policy calls for increased use of renewable resources to meet rising electricity needs. We are thrilled to be helping Serbia to realize its clean energy potential," said Miodrag Andric, president of Notos.

This announcement follows news earlier this week that Continental Wind Partners LLC (CWP) and CEZ Group concluded the sale of CWP's Fantanele and Cogealac wind farms in Romania to CEZ.

Romania is the most recent nation to be granted EU membership and its wind farms fall under EU plans for renewable energy. Serbia, Romania's neighbor, has expressed interest in joining the EU however a timeline for membership has not been established.

"Serbia is ready for wind power. The nation has ample wind resources and a stable and growing economy. National energy policy calls for increased use of renewable resources to meet rising electricity needs." -- Miodrag Andric, President, Notos