UAE’s Masdar signs deal to invest in Montenegro wind farm Krnovo
Masdar, Abu Dhabi-based renewable energy company has signed a share purchase agreement with Akuo Energy, the leading French IPP in renewable energy, to enter into Krnovo wind farm in Montenegro, which is on stream since November 2017. Both sides announced that under the agreement, Masdar will acquire 49% of Krnovo Green Energy. The agreement was signed […]
EPCG launches tendering to produce design plan for TPP Pljevlja ecological overhaul
Power utility Elektroprivreda Crne Gore (EPCG) has issued a public invitation of tenders to produce a preliminary design plan for ecological reconstruction of coal-fired power plant Pljevlja. The deadline for submission is February 1, and the estimated value of the deal is EUR 900,000. The best bidder will have seven months to do the job. […]
Energy Wood III – EUR 10,000 still available for biomass heating systems
The implementation of the third phase of the Energy Wood project, which started in October last year in Montenegro, will continue in 2018, until the remaining EUR 10,000 for modern biomass heating systems are spent. Over the past three months, more than 200 interest-free loans have been approved for biomass (pellet and briquettes) heating systems. Still, […]
Montenegro to publish tender for water management project
Montenegrin Directorate of Public Works announced intention to publish tender for Support to the Implementation and Monitoring of Water Management until end of January. “The objective of the project is to strengthen the institutional, administrative and monitoring capacities of the Montenegrin water management sector institutions in order to improve environmental protection,” Directorate of Public Works […]
UNECE assessment in Drina river basin highlights importance of improving water quality and calls for strengthened transboundary cooperation
Addressing water pollution and improving water quality and monitoring are key steps needed to face the challenges in the Drina River Basin of ensuring sustainable development in a transboundary context, UNECE published in its statement following the completion of the intersectoral and participatory assessment of the Drina River Basin, shared mainly by Bosnia and Herzegovina, […]
Montenegrin capital planning savings through energy efficiency upgrade program
The Podgorica city government is planning to cut down on energy and water expenses by 10% to 15% by the end of 2019, the City of Podgorica announced in the Program to Improve Energy Efficiency in the Montenegrin Capital for the 2018-2020 period. That program, along with a Plan of Measures to Improve Energy Efficiency […]
Talks on new Montenegrin coal-fired unit fail, Government to implement ecological overhaul of TPP Pljevlja
Montenegrin Government decided to start the ecological reconstruction of the coal-fired power plant Pljevlja. The Unit I of the thermal power plant (TPP) Pljevlja, operated by public power utility Elektroprivreda Crne Gore (EPCG), will be ecologically reconstructed by 2021. The announcement is part of the Government’s decision to terminate the cooperation on Project of Construction […]
Hungary interested in investing in energy capacities of Montenegro
Hungarian companies are interested in investing in Montenegro’s energy sector, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, during his recent visit to Podgorica. Investing in Montenegro’s energy capacities is of a particular interest to Hungarian companies, the minister said during a meeting with Montenegrin economy minister Dragica Sekulić. According to Szijjarto, Montenegro […]