Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) has earned EUR 3 million by auctioning the capacity of the undersea power cable between Montenegro and Italy. The electricity interconnector…

Among her remarks in New Year interviews with several domestic media outlets, Montenegro’s minister of economy insisted households will continue to be exempted from premiums for electricity from renewable sources…

The energy transition is a development opportunity for the region, and the key factors for its implementation will be the European Union’s influence on local politicians as well as the…

Germany’s KfW Development Bank is giving Montenegro a loan of EUR 45 million and a EUR 4.8 million grant for the third phase of the project for energy efficiency in…

Following the launch of the interconnection across the Adriatic Sea, the Coordinated Auction Office in South East Europe or SEE CAO started the auction process for 2020 by offering the…

The Možura wind farm, Montenegro’s second largest, with an installed capacity of 46 MW, has been officially inaugurated. The EUR 90 million wind farm was put in operation by Montenegrin…

Italian energy company Terna has put in operation an undersea power interconnector between Italy and Montenegro, built in an investment of some EUR 1.1 billion. Italian President Sergio Mattarella and…

Chinese-Montenegrin consortium DEC International-Bemax-BB Solar-Permonte has been picked as the best bidder for an environmental reconstruction of thermal power plant TPP Pljevlja, a project that will enable the Pljevlja power…

State power utility Elektroprivreda Crne Gore (EPCG) has so far paid EUR 103.65 million to repurchase shares from Italy’s A2A, while EUR 108.86 million has been set aside from Montenegro’s state…

As part of the second phase of the Montenegro Energy Efficiency Project (MEEP), health minister Kenan Hrapović and economy minister Dragica Sekulić have signed a EUR 1.4 million contract with…

State power utility Elektroprivreda Crne Gore (ЕPCG) will invest a total of EUR 700 million to build new renewable energy capacities and upgrade its other power generation facilities to bring…

The Government of Montenegro has adopted a bill on protection from the negative impact of climate change and sent it to parliament for approval. Montenegro is one of the first…