Renewables

EPCG looking for suppliers of solar panels, meters for Solari 3000+, Solari 500+ projects

EPCG-Solari-3.000-Solari-500-solar-panels-suppliers

Photo: Solarimo from Pixabay

Published

September 21, 2021

Country

Comments

comments icon

0

Share

Published:

September 21, 2021

Country:

Comments:

comments icon

0

Share

State power utility Elektroprivreda Crne Gore (EPCG) has issued a public call for suppliers of equipment for its projects Solari 3000+ and Solari 500+, which envisage the installation of photovoltaic (PV) systems for self-consumption in at least 3,500 households, businesses, and public institutions.

The tendering consists of four lots, worth a total of EUR 19.9 million, and is open until October 25. The equipment EPCG is looking to procure for the Solari projects includes PV modules, inverters and smart electricity meters, PV substructure, and energy infrastructure, according to a statement from the company.

EPCG has previously invited bids from financial institutions to provide financing for the two projects, while public calls for citizens, businesses, and public institutions are expected very soon.

A loan installment for citizens who deploy solar panels will be roughly equivalent to the average monthly electricity bill they currently pay, and there will be no other costs.

The tendering for the lending has attracted eight financial institutions, and the process to select a partner is under way, according to EPCG.

According to EPCG, the Solari 3000+ and Solari 500+ projects mark the beginning of the energy transition in Montenegro. They are also one of the most significant investments in the country’s energy sector in the past 40 years. The objective of the two projects is to minimize CO2 emissions and protect the environment.

The projects will enable citizens to produce their own electricity and to sell surpluses to EPCG. This means that apart from the loan to procure solar panels, they will have no electricity costs since they will produce their own energy. The loan installment will be roughly equivalent to the average monthly electricity bill. Once the loan is repaid, over 6 to 8 years, their electricity will be free, EPCG noted.

Prosumers will get subsidies to cover 20% of the investment in the PV system

Citizens will get subsidies to cover 20% of the investment in the installation of a PV system, while EPCG will also provide them with logistical support.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

belgrade energy forum bef 2025 western balkans electricity market coupling cbam

Western Balkans power markets: hope for coupling with EU, concerns about CBAM

29 May 2025 - Representatives of TSOs, regulators and power exchanges gathered at a panel on the integration of Western Balkans markets into the EU market

Global battery storage capacity expands record 200 GWh 2024

Global battery storage capacity expands by record 200 GWh in 2024

29 May 2025 - The cost of storing electricity has dropped thanks to the declining cost of battery projects and technological advancements, Rystad says

CyberGrid is committed to energy transition in SEE with its aggregation solutions Candellari

CyberGrid is committed to energy transition in SEE with its aggregation solutions

28 May 2025 - CyberGrid's Nikolaj Candellari said at BEF 2025 that the firm believes in the energy transition in SEE, contributing to the process with its solutions

ACER Zinglersen Integrate electricity markets flexibility new era already here BEF 2025

ACER’s Zinglersen: Integrate electricity markets to bolster flexibility as new era is already here

28 May 2025 - The number of hours with negative power prices reached an all-time high for two years in a row, which means a new era is here, ACER's Director Christian Zinglersen said at BEF 2025