KfW continues to fund energy efficiency in public buildings in Montenegro
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 public buildings. On behalf of the government in Podgorica, minister of finance Darko Radunović signed the credit contract while minister of economy Dragica Sekulić inked […]
Green Home files criminal complaint over Bijelo Polje SHPP plan
Environmentalist organization Green Home has said it raised a criminal case with the Supreme State Prosecution Office of Montenegro against officials it claims are responsible for abuse of power in the procedure of project development for small hydropower plant Lještanica. Decision makers from the departments for spatial planning and rural and sustainable development in Bijelo […]
Italy-Montenegro yearly capacity auction offer lands at 140 MW
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 capacity of 140 MW in both ways. The operator received bids for the allocation of physical transmission rights (PTRs). After the announcement of the provisional […]
Možura wind farm, Montenegro’s second largest, officially starts operation
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 energy minister Dragica Sekulić and Maltese energy and water supply minister Joe Mizzi. The Možura wind farm was built by a consortium of Maltese state-owned […]
Italy-Montenegro undersea power interconnector put in operation
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 his Montenegrin counterpart, Milo Đukanović, pressed the button to switch the cable on, according to Montenegrin media. The undersea power interconnector links the electrical substations […]
Chinese-Montenegrin consortium wins bid for eco-reconstruction of TPP Pljevlja
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 generation and coal mining complex to operate for the next 20 to 30 years, according to a statement from state power utility Elektroprivreda Crne Gore […]
EPCG, Montenegrin government pay EUR 212 million to Italy’s A2A for EPCG shares
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 budget for the same purpose, according to Dragica Sekulić, the economy minister, RTCG has reported. The exit of Italy’s A2A from the ownership and management […]
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 a consortium of LD Gradnja, Ramel and Ening to implement energy efficiency measures at the General Hospital of Bar and Walk-In Clinic Ulcinj. The contract […]