News

Works on Možura wind power plant about to be launched

Published

May 18, 2016

Comments

comments icon

0

Share

Published:

May 18, 2016

Comments:

comments icon

0

Share

Successful implementation of the wind power plant project of Možura should be an additional incentive for the dynamics and diversification of relations between Montenegro and Malta, Milo Đukanović said. The prime minister of Montenegro came to the island country for a return visit and met his counterpart Joseph Muscat. The Možura endeavour is first of its kind in bilateral relations, in energy as a very important sector, especially for the Balkan country, as it is developing its first two facilities for power from renewable sources, according to Đukanović.

Muscat said final work on administration procedures is underway, with expectations that construction in the project financed by Maltese company Enemalta Plc will be launched maybe even within days. Đukanović added the first EUR 15 million of the overall EUR 80 million is already allocated and that the last segment of paperwork for the start of works is being completed. According to information at hand, the construction may finish within 18 months.

Muscat specified the longevity of bureaucratic procedures does not imply there are difficulties – rather that some logistical points take more time, especially in relation the transport of equipment.

 

Tags: ,

Related Articles

Power imports dropped almost at zero for Greece in January

Power imports in Greece drop to nearly zero in January

02 March 2026 - Greece saw the balance of electricity exchanges with neighboring markets change rapidly during the last couple of years. It became a net exporter.

serbia hemofarm rooftop solar plant vrsac

Hemofarm commissions one of largest rooftop solar plants in Serbia

27 February 2026 - The largest rooftop solar plant in Serbia is on the buildings of polymer products maker Peštan

greenvolt wind farm loans

Portugal-based Greenvolt secures financing for two wind projects in Romania

27 February 2026 - Greenvolt has secured over EUR 400 million for its 253.1 MW Ialomiţa Nord wind farm project and another 49.8 MW in Călărași county

bih republic of srpska loans garanties power plants distribution grid petar djokic

Republic of Srpska plans EUR 204 million in loans for power plants, grid

27 February 2026 - The Republic of Srpska is ready to issue guarantees for BAM 400 million (EUR 204.5 million) for coal power plants and the distribution grid