Montenegro pays EUR 68.9 million to raise stake in power utility EPCG

May 18, 2018

Montenegro pays EUR 68.9 million to raise stake in power utility EPCG

The Montenegrin government has paid EUR 68.9 million to Italy’s A2A to increase its holding in power utility Elektroprivreda Crne Gore (EPCG) from 57.01% to 70.16%. With this move, Montenegro…

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May 8, 2018

Informal Green Parliamentary Group established in Montenegro

The School of Democratic Leadership in cooperation with the members of the Montenegrin Parliament established an informal Green Parliamentary Group with the support of the German organization GIZ (Deutsche Gesellschaft…

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Montenegrin Government to invite offers for solar plant project

May 8, 2018

Montenegrin Government to invite offers for solar plant project

The government of Montenegro said it would publish a tender for the leasing of land intended for the construction of a solar power plant in the Ulcinj municipality. A government…

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May 4, 2018

EPCG approves EUR 9 million investments in HPPs

The Board of Directors of power utility Elektroprivreda Crne Gore (EPCG) approved the overhaul of unit 2 of hydroelectric power plant (HPP) Piva and the revitalization of the HPP Perućica….

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GEF-supports-development-of-green-businesses-in-Montenegro

May 4, 2018

GEF supports development of green business in Montenegro

A Green Business Incubator is soon to be established in Montenegro within the project Growing Green Business in Montenegro. The project is supported by the Global Environment Facility (GEF) and implemented by the United Nations Development Program – UNDP.

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Montenegro accelerates takeover of A2A shares in EPCG

April 18, 2018

Montenegro accelerates takeover of A2A shares in EPCG

The Government of Montenegro intends to increase the ownership in public power utility Elektroprivreda Crne Gore (EPCG) in May from 57,01 to 70,16%, instead of initially planned 63%. This is…

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March 28, 2018

11 energy, environmental proposals on key infrastructure projects list

Montenegro’s National Investment Commission adopted a list of 36 key priority infrastructure projects, including 11 energy and environmental protection projects with more than EUR 1.2 billion earmarked for them. The…

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March 22, 2018

EPCG to invest EUR 67 million in hydropower, analysis for wind farm underway

Power utility Elektroprivreda Crne Gore (EPCG) plans to invest EUR 170 million in the next five years, out of which EUR 40 million in the revitalization of two hydropower plants…

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March 20, 2018

Steag Energy to prepare design for eco-reconstruction of TPP Pljevlja

Preliminary design for the environmental reconstruction of the Pljevlja Thermal Power Plant in Montenegro is entrusted to Essen-based industrial group Steag Energy Services GmbH. The German company is specialized in…

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March 12, 2018

Montenegrin Government secures funds to buy A2A shares in EPCG

The Montenegrin Government adopted a budget rebalance which foresees EUR 70 million for the purchase of the Italian company A2A’s shares in power utility Elektroprivreda Crne Gore (EPCG). In July…

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