Renewables

8 companies buy documentation for Briska Gora project

Photo: Pixabay

Published

July 30, 2018

Country

Comments

comments icon

0

Share

Published:

July 30, 2018

Country:

Comments:

comments icon

0

Share

Eight companies have purchased tendering documentation so far for leasing land on the Briska Gora location to build a solar plant, Vijesti has been told at Montenegro’s Ministry of Economy.

Unnamed ministry officials who spoke to the daily would not reveal which companies bought the documentation given that the tendering procedure is ongoing, with the bid submission deadline set at September 3.

Chinese multinational power generation and electrical equipment manufacturing company Shanghai Electric Power Engineering, the main contractor on the Možura wind farm, has expressed interest in executing works on the Briska Gora solar plant as well, the daily recalled.

Electricity to be produced by the Briska Gora solar plant will be purchased by the state at market prices, with no incentives planned, or can otherwise be sold on the market, the daily was told at the ministry.

The Ministry of Economy invited bids on May 19 for a 30-year lease to 6,621,121 square meters of state-owned land to design, build, operate, and maintain a solar plant with an installed capacity of more than 200 MW on the Briska Gora location.

The minimum required bid for the solar plant project is EUR 0.05 per square meter a year, or a total of some EUR 331,056 annually. This means the lease would cost no less than around EUR 9.93 million over the 30-year period.

Construction on the solar plant is to be carried out in phases, with Phase 1 to involve building at least 50 MW of capacity within 18 months of signing the land lease agreement, and Phase 2 the remaining capacity within 36 months of the signature.

Meanwhile, the construction of the wind farm on Možura, to have an installed capacity of 46 MW, is in a final stage. The project, whose cost was estimated at EUR 89 million at launch, is controlled by Malta’s state-owned Enemalta.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Global solar power capacity hits 2 2 TW in 2024 Turkey among top growers

Global solar power capacity hits 2.2 TW in 2024, with Turkey among top growers

06 May 2025 - The world added 597 GW of photovoltaic capacity last year, achieving an astounding 36% rate of growth, SolarPower Europe found

bih world bank loan federation bih epbih coal regions just transition kreka mine

Federation of BiH secures EUR 83 million for just transition of coal regions

06 May 2025 - The funds are intended for the implementation of the Just Transition in Select Coal Regions of Bosnia and Herzegovina Project

Kosovo launches reconstruction of coal power plant unit

Kosovo* launches reconstruction of coal power plant unit

06 May 2025 - Kosovo Energy Corp. (KEK) began the reconstruction and modernization of one of the two units in its Kosovo B coal power plant

croatia green hydrogen wave energy island pag novalja

Croatia’s Pag island to produce green hydrogen using wave energy

06 May 2025 - The island town of Novalja could become one of the first in Croatia to begin the production of green hydrogen, and a rare example in the region