Electricity

Montenegrin Government to invite offers for solar plant project

Montenegrin Government to invite offers for solar plant project

Photo: Pixabay

Published

May 8, 2018

Country

Comments

comments icon

0

Share

Published:

May 8, 2018

Country:

Comments:

comments icon

0

Share

The government of Montenegro said it would publish a tender for the leasing of land intended for the construction of a solar power plant in the Ulcinj municipality.

A government press release said that the Ministry of the Economy would invite offers for the leasing of more than six million square meters of land for the implementation of a project to build a solar power plant on the Briska Gora site in the south of the country.

The public invitation defines the leasing of a total of 6,621,121 square meters of land for the planning, construction, exploitation, and maintenance of a solar power plant with a total installed capacity of more than 200 MW, the press release said, adding that under existing spatial plans, 2.9 million square meters of that land has been set aside solely for the solar power plant.

The best bidder will also be given the possibility of signing a contract on the guaranteed purchase of electricity under market conditions, the government said.

Offers to lease the land and build the solar power plant can be submitted by investors who have experience in projects to build solar plants with an installed power of at least 100 MW and have reported a gross income of more than EUR 100 million in the past three fiscal years, the press release said.

Construction in two phases

The Montenegrin government believes that the project will have a significant effect in raising the level of use of renewable sources for the production of power and that it will be an important element in the system to supply consumers.

According to the Montenegrin media, the government could have an income of some EUR 330,000 a year from the leasing of the land at Briska Gora at a minimum price of five Euro cents per square meter per year.

The media said that the first stage of the construction of the solar power plant has to be finished within a deadline of 18 months from the date of the signing of the contract. The power plant has to have an installed capacity of 50 MW by that deadline and an installed capacity of at least 200 MW by the end of the second stage, which has to be completed within 24 months of the completion of the first stage.

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

croatia hadbooks licensing renewables hrote eihp

Croatia releases handbooks for permits for renewable energy investors

25 February 2026 - The Croatian Energy Market Operator (HROTE) and the Hrvoje Požar Energy Institute (EIHP) have issued two handbooks for investors

US LNG deals supply Central and Eastern Europe Balkans

US landing LNG deals to supply Central and Eastern Europe, Balkans

25 February 2026 - A group of European and Balkan countries agreed with the US to enhance gas supply, primarily by purchasing its LNG

bulgaria axpo advance green energy bess lovech agreement

Axpo, Advance Green Energy ink agreement on BESS in Bulgaria

24 February 2026 - A BESS facility of 124.1 MW in operating power was inaugurated in May last year. It is located next to a solar power plant

world bank prosumers solar financing republic of srpska

World Bank could finance 20,000 prosumers in Republic of Srpska

23 February 2026 - The World Bank intends to provide a loan for a prosumer project in the Republic of Srpska, with a financing decision expected as early as May