Construction of Gvozd wind farm expected to start in 2020
Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG) is expected to launch the construction of the Gvozd wind farm in 2020, according to Ivan Mrvaljević, head of development and engineering at EPCG. The Gvozd wind farm is expected to go on stream in 2022, Mrvaljević said at a roundtable recently organized by non-governmental organization Green […]
EPCG signs contract for HPP Piva unit A2 reconstruction
Power utility Elektroprivreda Crne Gore (EPCG) and a consortium of Slovenia’s Litostroj Power, Croatia’s Končar – Generators and Motors and Serbia’s Elektroremont Subotica have signed a contract on a EUR 1.7 million overhaul of the second unit of the Piva hydropower plant (HPP). The reconstruction of HPP Piva’s A2 unit includes the replacement of the […]
Ulcinj Salina – a “birds’ airport”
Author: Jovana Janjušević, Executive Director, Center for Protection and Research of Birds (CZIP) In an attempt to explain, to both domestic and international audience, the significance of Ulcinj Salina, we have tried describing its importance for birds in terms familiar to ordinary people. We compared bird counts produced for scientific purposes with official airport passenger […]
Work ahead to produce Montenegro’s Integrated National Energy and Climate Plan
Author: Đorđije Vulikić, climate change and sustainable energy consultant The Energy Union strategy is based on the EU’s long-term plan to make energy it uses more secure, affordable, and sustainable. The Energy Union is made up of five mutually supporting dimensions: energy security; the internal energy market; energy efficiency; decarbonization of the economy; and research, […]
EU, US, Chinese companies interested in EPCG acquisition
Companies from the European Union, the US, and China are interested in the acquisition of power utility Elektroprivreda Crne Gore (EPCG), Economy Minister Dragica Sekulić has said. In an interview with Pobjeda, she said that strong interest implies a greater responsibility in the process of selecting a strategic partner for EPCG. Montenegro will seek a […]
CGES to pay dividend from retained earnings from previous years
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem’s (CGES) shareholder assembly has backed a EUR 16.2 million dividend payment, the company said on its website. On the last day of 2018, the company’s shareholder assembly adopted the decision to allocate a gross EUR 16.24 million in dividends. This is a part of the company’s retained earnings […]
CEDIS signs EUR 22 million agreement to upgrade distribution network
Montenegrin distribution system operator (DSO) Crnogorski elektrodistributivni sistem (CEDIS) and the consortium of Montenegrin companies Mezon, Electro Team and Ramel have signed a EUR 22.4 million Framework Agreement for a project to revitalize the medium and low voltage distribution network. The Framework Agreement was signed for a period of 24 months, the company said on […]
Contract signed to build 250 MW solar power plant
The Montenegrin government has signed a contract on the construction of a 250 MW solar power plant at the Briska Gora location with a consortium comprising Finland’s state energy company Fortum, Montenegro’s state power utility Elektroprivreda Crne Gore (EPCG), and Sterling & Wilson International Solar FZCO, according to a press release from the Ministry of […]