Renewables

EPCG presents Solari 3000+ project – installation of solar panels on 3,000 households

EPCG presents Solar 3000+ project - installation of solar panels on 3.000 households

Published

July 21, 2021

Country

Comments

0

Share

Published:

July 21, 2021

Country:

Comments:

0

Share

State-owned power utility Elektroprivreda Crne Gore has presented its project Solari 3,000+, which envisages the installation of solar panels on 3,000 households. EPCG will provide solar panels, the financing and installation, and citizens will repay the equipment in the form of loan over a period of five to seven years.

Elektroprivreda Crne Gore (EPCG) wants to use the huge potential of solar energy in the country and to offer citizens the opportunity to produce energy for self-consumption by installing solar panels and become prosumers. The estimated value of the Solari 3,000+ project is EUR 30 million. EPCG is also preparing a project for the installation of solar panels on infertile land and water surfaces.

Citizens will be able to apply for solar panels in a public call launched by EPCG

Preparations are underway for a public call for project financing and procurement of equipment, EPCG revealed. Citizens can expect a public call to apply for the project, while at the same time the company will announce a public call to hire more than 400 people for the installation of solar panels.

The monthly repayment for the loan will be lower than the average household’s electricity bill

Households will have the opportunity to produce electricity for self-consumption and, eventually, sell the surplus to EPCG.

Households will possibly have no expenses other than the loan repayment as they produce their own power, and the monthly installment will be lower than the average electricity bill, according to Milutin Đukanović, President of the Board of Directors of EPCG. He added the estimated repayment period is from five to seven years, and that afterwards they would have free electricity.

The company head also said Montenegro has an incredible solar potential, one of the largest in the Southeast Europe. Podgorica has more than 2,000 sunlight hours a year while the range throughout the country is between 1,300 and 2,000, Đukanović noted. Germany has only 1,000 to 1,200 sunlight hours, but the installed capacity is 50 GW, he added.

EPCG is preparing the construction of floating solar power plants on lake Slano jezero

EPCG is also preparing the project for the installation of solar panels on infertile land in rural areas and on water surfaces.

The company said it is identifying the locations of infertile land suitable for solar panels, and preparing floating solar power plant projects for lake Slano jezero.

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

EFT China Dongfang 60 MW solar power plant BiH

EFT hires China’s Dongfang to build its 60 MW solar power plant in BiH

07 December 2021 - Dongfang Electric Corp. signed a contract for the construction of Bileća solar power plant project for EFT

CMS Belgrade full legal support refinancing Alibunar wind farm

CMS Belgrade provides full legal support in refinancing of Alibunar wind farm

07 December 2021 - CMS Belgrade provided full support to UniCredit Bank Serbia in the refinancing of Elicio’s Alibunar wind farm

Etmax gets concession for Nevesinje solar power plant

Etmax gets concession for Nevesinje solar power plant

07 December 2021 - The Government of the Republic Srpska has instructed the Ministry of Energy and Mining to conduct the procedure for granting a concession

Environmentally friendly solution of renewable energy storage - hydrogen gas to clean electricity facility situated in forest environment. 3d rendering.

Clean hydrogen to break even with fossil alternatives between 2028 and 2032 in Romania – study

07 December 2021 - The Romanian authorities announced the national hydrogen strategy would be published in 2022