Photo: Dalibor Dobrić

The Luxemburg-based renewables investor Alcazar Energy has acquired the rights to build the 118 MW Bijela wind farm in Montenegro and aims to have it online in 2026, it told Montel on Thursday.

Photo: iStockPhoto

Montenegro’s power utility EPCG expects to post a record profit of over EUR 100m in 2023, considerably more than the EUR 4.3m profit it made last year, its CEO Nikola Rovcanin said on Friday.

Photo: arhiv Elan

Montenegro has significant renewables potential but solar power remains underutilised due to high installation costs and a lack of information about its long-term profitability, research conducted by

Photo: Wpd Adria

The Montenegro finance ministry has offered potential investors a 30-year lease on nearly 154 hectares of state-owned land in the northern Kolasin municipality for the construction of as yet

Photo: Dalibor Dobrić

Montenegro’s biggest challenge in increasing the share of renewable energy sources is the limited capacity of its power grid, a climate and energy expert at the environmental NGO Eco Team has told

Photo: Montel

The upgrade of an existing 200 kV interconnector and the construction of a new 400 kV one between Montenegro and Bosnia and Herzegovina (BiH) will cost EUR 80m, according to the Montenegrin TSO CGES.

Photo: EPCG

Montenegrin power utility EPCG has postponed the resumption of production at the 307 MW Perucica hydro power plant by two weeks, to 15 September, it announced on Friday.

Photo: Montel

The TSOs of Montenegro and Bosnia and Herzegovina (BiH) signed an agreement on Tuesday aimed at facilitating the renovation of an existing 200 kV interconnector and the construction of a new 400 kV

Photo: Wpd Adria

The Montenegrin finance ministry has posted a tender offering potential investors a 30-year lease on 63.5 hectares of state-owned land in the north-western Savnik municipality for the construction of

Photo: arhiv Elektro Ljubljana

The Podgorica-based renewables developer Obnovljivi Izvori Energije (OIE) has signed a grid connection agreement on Friday with the Montenegrin TSO CGES for the 215 MW Predis solar farm in the

Photo: Dalibor Dobrić

Renewables developer CWP Europe has signed a grid connection agreement with the Montenegrin TSO CGES for the 400 MW Montechevo solar farm, the largest in Montenegro, CGES said on Tuesday.

Photo: Interenergo

The Montenegrin government has issued urban planning and technical requirements for the construction of up to 118.8 MW of wind and 2.96 MW of hydropower capacity, it said in a statement on Thursday.