Montenegro

Montenegro pays EUR 7.5 million in renewable energy subsidies in H1

24 August 2018 - Montenegro set aside a total of EUR 7.5 million in incentives for producers of electricity...

EPCG’s shareholder assembly backs EUR 55.3 million dividend payment

23 August 2018 - Power utility Elektroprivreda Crne Gore’s (EPCG) shareholder assembly has backed a EUR 55.3 million dividend...

Montenegro setting up Eco Fund, opening of chapter 27 expected by end-2018

15 August 2018 - Montenegro has opened 31 out of 35 chapters of EU membership talks so far, while...

CEDIS to invest EUR 81.6 million in distribution network, tendering expected by end-October

07 August 2018 - Tendering for the selection of equipment suppliers and contractors for a project worth EUR 81.6 million...

Nord Pool, EPEX SPOT interested in strategic partnership with Montenegrin power exchange

06 August 2018 - Nord Pool and EPEX SPOT are interested in getting stakes in the Montenegrin Power Exchange...

Litostroj, ABB to modernize HPP Piva

03 August 2018 - Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj and Italy’s ABB...

Germany’s WPD eyes EUR 100 million wind farm investment, government announces tendering

01 August 2018 - Vjetroelektrana Budva has submitted a request for opening a tendering procedure for the construction of...

8 companies buy documentation for Briska Gora project

30 July 2018 - Eight companies have purchased tendering documentation so far for leasing land on the Briska Gora...

EPCG swings to net profit of EUR 42.8 million in H1

19 July 2018 - Power utility Elektroprivreda Crne Gore (EPCG) had a net profit of EUR 42.8 million in...

GGF Impact Stories: Improving energy efficiency in Montenegro

18 July 2018 - The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December...

EUR 6 million World Bank loan for energy efficiency

Montenegro gets EUR 6 million World Bank loan for energy efficiency

09 July 2018 - Montenegro plans to invest EUR 6 million in the implementation of energy efficiency measures at...

Montenegro starts phasing out inefficient incandescent light bulbs

04 July 2018 - Montenegro has launched a phase-out of traditional filament incandescent light bulbs starting with the highest...

River flow regulation, sedimentation, renewable energy investment core of new project in the Drina River Basin

29 June 2018 - Bosnia and Herzegovina, Montenegro and Serbia have agreed to jointly investigate options for formalizing river...

Western Balkans to experience temperature increase of 4C by end of century - study

Western Balkans to experience temperature increase of 4C by end of century – study

08 June 2018 - Regional Cooperation Council (RCC) has published a Study on Climate Change in the Western Balkans,...

Montenegro gives up on waste incinerator option

30 May 2018 - The Montenegrin government has recently adopted a decision amending the state waste management plan for...

Montenegro seeks bids to develop 200-MW-plus solar project

24 May 2018 - Montenegro’s Ministry of Economy has invited bids for a 30-year lease to 6,621,121 square meters...

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