Renewables

Land lease agreement signed for Brajići wind farm

Land lease Brajici wind farm

Photo: Wpd Adria

Published

August 27, 2020

Country

Comments

comments icon

0

Share

Published:

August 27, 2020

Country:

Comments:

comments icon

0

Share

A consortium led by German renewable energy firm wpd has signed a land lease agreement for wind farm Brajići near the Montenegrin coastal city of Budva, a project valued at EUR 101.3 million.

The Brajići wind farm, with an installed capacity of slightly over 100 MW, is projected to generate around 220 GWh of clean electricity a year, enough to cover the needs of more than 50,000 average households, said wpd Adria’s top man, Zoran Obradović, who signed the agreement on behalf of the consortium. The local partner on the project is a firm called Vjetroelektrana Budva.

Wpd is the biggest onshore wind farm developer in Germany. According to the website of its regional subsidiary, wpd Adria, the company has implemented four wind farm projects in Croatia – Trtar Krtolin, Orlice, Katuni, and Ponikve – with a combined installed capacity of nearly 100 MW.

According to an earlier announcement by the Montenegrin Ministry of Economy, the land lease agreement was supposed to be signed in March this year. The negotiations were conducted via video conferencing due to the COVID-19 pandemic.

The wind farm will get no state subsidies or guaranteed prices

Wind farm Brajići will operate in the open market, with no state subsidies or guaranteed prices, according to Obradović, who also said that the wind farm is expected to be put in operation in four years.

Sekulić: clean energy from wind and solar will pave the way for a “Montenegrin green deal”

Economy Minister Dragica Sekulić, who signed the agreement on behalf of the Montenegrin government, said that energy transition in the country has begun, and that the clean energy that will be produced at solar power plant Briska gora and wind farms Gvozd and Brajići would provide a solid foundation for a “Montenegrin green deal.”

Sekulić explained that the deal will be the result of a constructive dialogue on the use of Montenegro’s hydropower, solar, and ecological potentials in a sustainable manner.

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

north macedonia grants green businesses inova

North Macedonia launches EUR 22 million grant scheme for green businesses

10 February 2026 - The project for supporting green businesses with grants until 2030 is worth EUR 25 million, of which EUR 22 million is for the subsidies

north macedonia solar memo power exchange analysis ana angelova

Solar power production driving prices on North Macedonia’s power exchange

10 February 2026 - Ana Angelova, a market operations specialist at the National Electricity Market Operator, analyzed official power exchange data for 2024

HWEA: Just 3% of wind projects realized in Greece because of red tape

HWEA slams Greece’s red tape – just 3% of wind projects reach completion

10 February 2026 - The wind energy sector suffers in Greece as a result of multi-year delays in the licensing process, said Hellenic Wind Energy Association

serbia cbam belex carbon credits trade lazo ostojic

Serbia to enable carbon credits trading

10 February 2026 - The Belgrade Stock Exchange plans to introduce trading in carbon credits, according to CEO Lazo Ostojić