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August 1, 2016

EBRD’s chief Chakrabarti touring Western Balkans

The last three years had been very productive for the European Bank for Reconstruction and Development in Montenegro, accounting for around half of the total EUR 530 million of investments…

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Montenegro ranks concessions for four small hydro projects

August 1, 2016

Montenegro ranks concessions for four small hydro projects

The Ministry of Economy of Montenegro said a tender commission has determined the rankings in the procedure of granting concessions for the construction of small hydro stations to produce electricity…

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August 1, 2016

Terna gets building permit for undersea cable

The Ministry of Sustainable Development and Tourism issued a building permit to company Terna Crna Gora d.o.o. for the installation of an undersea power cable through Montenegrin territory. The building…

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A2A

August 1, 2016

Montenegro Parliament ratifies shareholder contract with A2A

Lawmakers voted to accept the draft agreement with the state’s Italian partners in Electric Power Company of Montenegro (EPCG) late on July 29. A2A gets managing rights but also more…

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energy efficiency

July 28, 2016

New business sector emerging from energy efficiency technologies

Montenegro has been intensifying efforts to promote and help fund energy efficiency activities through the Directorate for Energy Efficiency, which stimulates consumers of energy: households, the public sector, firms and…

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July 8, 2016

Montenegro presents energy efficiency action plan

The third energy efficiency action plan (EEAP), for 2016-2018, was prepared by the Ministry of Economy and adopted by the government on June 30. The plan was presented in the…

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corridor

July 7, 2016

Contract for Trans-Balkan Electricity Corridor signed

Minister of Economy Vladimir Kavarić said good energy connectivity is necessary for future investments in the energy sector and free flow of energy through the country. That brings Montenegro financial…

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July 4, 2016

GGF teams with Alter Modus to support green finance

A senior loan of EUR 2 million to boost the emerging segment of energy efficiency was announced by Green for Growth Fund (GGF) for Alter Modus Ltd. Montenegro’s largest microfinance…

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June 27, 2016

Zumtobel donates public lighting system to Podgorica

The first phase of the switch to LED lamps in a donation of Austrian Zumtobel Group to the capital of Montenegro was finished. A section of one of the main…

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June 16, 2016

A2A and Government of Montenegro reach agreement

Italian partner A2A will remain to be co-owner in Montenegrin Electric Power Company (EPCG), while the second block of thermal power plant Pljevlja will still be built. Domestic media reported…

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June 5, 2016

Italy to use Montenegro as bridge to Balkans energy market

Connecting Italy and Montenegro by a submarine power cable is a priority for Terna SpA, company’s chief executive Matteo del Fante said. In a statement carried by Dnevne novine, he…

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June 4, 2016

EPCG invests over EUR 2 million in electrical grid of Ulcinj

Power supply in the municipality of Ulcinj will be better and safer the following season due to an investment by the Montenegrin Electric Power Company (EPCG). The state-controlled utility recently…

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