Renewables

8 companies buy documentation for Briska Gora project

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Published

July 30, 2018

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Published:

July 30, 2018

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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.

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