Renewables

CGES signs grid connection agreement for 240 MW solar power plant

cges grid connection agreement ee korita european energy asanovic banovec

Photo: CGES

Published

January 10, 2024

Country

Comments

comments icon

0

Share

Published:

January 10, 2024

Country:

Comments:

comments icon

0

Share

Montenegro’s transmission system operator CGES has signed another contract for the connection of a large solar power plant. The construction of the 240 MW facility is planned in Bijelo Polje, in the southern part of Montenegro.

CGES has so far signed three contracts for the grid connections for utility-scale photovoltaic facilities with a total capacity of 1,000 MW. The investors are M Energy, Sun Horizon and Obnovljivi Izvori Energije.

CGES said it signed an agreement with project firm EE Korita on the construction of infrastructure for connecting a EUR 200 million solar power plant to the transmission grid.

The investor is Danish firm European Energy

The contract, signed by Ivan Asanović, CEO of CGES, and Damir Banovec, the representative of EE Korita, represents a step toward strengthening the renewable energy production capacity and expanding the sustainable energy network, the TSO added.

The contract includes planning, construction and integration of the future solar power plant. According to CGES, the investor, Danish firm European Energy, has a significant background in the construction of PV facilities and wind farms.

Now CGES has contracts for the grid connection of four large solar power plants of an overall 1,240 MW. Of note, CEO Ivan Asanović said that without major investments the transmission grid could integrate renewable energy facilities with a total capacity of 1,500 MW.

The expected annual production is 331 GWh

Back in July, EE Korita submitted a request to the Environmental Protection Agency to decide whether an environmental impact assessment report was necessary for its PV facility.

The location for the power plant is owned by local firm Farma Moravac while the expected annual output is 331 GWh.

State institutions of Montenegro have issued a lot of permits for large solar power projects, but the country still doesn’t host a single one. However, three weeks ago the first ground-mounted solar power plant was put into operation.

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

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

croatia hep korlat ebrd eib loans

Croatia’s HEP secures financing for Korlat solar power plant

24 October 2024 - Korlat is the largest photovoltaic project in Croatia with a construction permit, according to Hrvatska Elektroprivreda

epcg ivan bulatovic investments gvozd perucica

EPCG to invest EUR 300 million in next three years – CEO

24 October 2024 - Montenegro’s power utility Elektropriveda Crne Gore is conducting a big investment cycle, its CEO Ivan Bulatović said