Renewables

Fresh tendering planned for development of renewable energy sources – PM

Photo: Government of Montenegro

Published

October 26, 2018

Country

Comments

comments icon

0

Share

Published:

October 26, 2018

Country:

Comments:

comments icon

0

Share

Montenegrin Prime Minister Duško Marković has announced fresh tendering procedures for the leasing of state land intended for the construction of power plants using renewable energy sources, as well as the signing of an agreement for a solar power plant at the location of Briska Gora in the Ulcinj municipality by the end of the year.

The agreement on the lease of state land for the construction of a 250 MW solar power plant will be signed by the end of the year, Marković told MPs, according to the Montenegrin media.

The commission handling tendering for the Briska Gora solar project has selected the Fortum-EPCG-Sterling & Wilson International Solar FZCO consortium as the top bidder.

There is a lot of interest from investors in the project to build a solar power plant at the location of Briska Gora in Ulcinj, Marković said, noting that it is a EUR 170 million investment with EUR 65 million in direct budget revenues over a period of 30 years, based on land lease. According to Marković, 226 new jobs will be created.

The Prime Minister of Montenegro announced that fresh tendering procedures for the lease of state land are expected, with the aim of building power plants that will use renewable energy sources.

The first will be a tendering procedure for the construction of a wind farm in the continental part of the Bar and Budva municipalities, he said.

Marković noted that the Montenegrin energy sector has finally developed to a level that allows the construction of new production facilities without financial incentives and state guarantees.

The moment is close when an increase in the installed capacity of power production will not mean a rise in electricity prices for consumers, but improved competition and services, Marković said.

Krnovo wind farm receives EUR 13.2 million

Answering the questions of the MPs in the Montenegrin Parliament, Economy Minister Dragica Sekulović said that the Krnovo wind farm generated 113 GWh of electricity in the first three quarters of 2018, or 4% of the total production in the country. According to Sekulović, the market value of this energy was EUR 7 million, and import of electricity was consequently that much lower.

With all incentives calculated, the producer received EUR 13.2 million, and the company is obliged to cover the cost of land lease and use of the transmission system, and maintain the plant in the agreed condition, Sekulić said.

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

engie romania wind project Mereni Constanța

Engie Romania takes over 54 MW wind power project

02 May 2025 - The project is located in Constanța county, an area with high wind potential, recognized for its superior yields in green energy production

slovenia solar army vipava military barracks mors seng dars

Army joins forces with municipality, energy company, road firm to install solar panels in Slovenia

02 May 2025 - The Sunčana (Sunny) Vipava project envisages installing solar power plants with a combined capacity of 20 MW

OMV opens Austria largest green hydrogen plant

OMV opens Austria’s largest green hydrogen plant

30 April 2025 - OMV put into operation its 10 MW green hydrogen plant at the Schwechat refinery. It can produce 1,500 tons per year.

hungary mvm gas CCGT power plant ansaldo calik enerji

Hungary’s MVM inks deal with Çalık Holding, Ansaldo Energia for combined cycle gas turbine power plant

30 April 2025 - It is the second time this year that MVM contracted gas-fueled and hydrogen-ready power plants at sites of former fossil fuel facilities