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November 1, 2019

EUR 1.4 million contract signed for energy renovation of hospital in Bar, walk-in clinic in Ulcinj

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…

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facilities

October 29, 2019

EPCG to invest EUR 700 million to build new renewables capacities, upgrade other facilities

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…

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bill

October 21, 2019

Government of Montenegro adopts bill on protection from negative impact of climate change

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…

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October 18, 2019

Government to terminate contracts for small hydropower plants on six Montenegrin rivers

The Government of Montenegro has decided to terminate contracts for the construction of 10 small hydropower plants (SHPPs) on six rivers in the municipalities of Bijelo Polje, Plav, Andrijevica, and…

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Danilo Barjaktarović

October 15, 2019

Energy and climate policies overview – current situation and recommendations for the preparation of Montenegro’s NECP

Author: Danilo Barjaktarović, Director, EcoEnergy Consulting Montenegro has pledged to join the international community’s efforts to reduce greenhouse gas emissions. In addition, as a member of the Energy Community and…

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EPCG KfW Perućica reconstruction

September 19, 2019

EPCG, KfW ink EUR 33 million loan for Phase II of HPP Perućica’s reconstruction

Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) has signed a EUR 33 million loan agreement with German development bank KfW for Phase II of a project to overhaul and…

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lease

September 5, 2019

Montenegro’s national park management company extends lease on Ulcinj Salina

The Montenegrin public company in charge of national parks, the JPNPCG, has extended its lease on Ulcinj Salina for another year, announcing it will continue to implement activities aimed at…

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Masdar Mubadala MDG Taaleri PPC Renewables Kurbin

September 2, 2019

EPCG shareholders approve investment in Gvozd wind farm project

Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm,…

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producers

August 28, 2019

EUR 8 million in incentives paid to Montenegrin renewables producers in January-July

Producers of electricity from renewable energy sources in Montenegro received a total of EUR 8.08 million in state incentives in the first seven months of 2019, an increase of 3%…

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August 12, 2019

TENDERING: Montenegro leasing land for wind farm on Brajići locality

Montenegro’s Ministry of Economy has launched tendering for a long-term lease to state land for the construction of a wind farm with a minimum installed capacity of 70 MW on…

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customers

August 7, 2019

Electricity customers in Montenegro to get EUR 20-200 for poor supplier, system operator service

From August 8, customers in Montenegro will receive financial compensation of EUR 20-200 in situations when the minimum quality of electricity supply is not met, the Energy Regulatory Agency (RAE)…

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Alter Modus energy efficiency GGF

August 2, 2019

Green for Growth Fund backs microfinance institution Alter Modus’ energy efficiency lending

The Green for Growth Fund (GGF) has provided a senior loan of EUR 1.5 million to the microfinance institution Alter Modus. This transaction further broadens and diversifies the fund’s geographic…

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