Renewables

Montenegro leases land for Sinjajevina wind park to consortium

Montenegro-leases-land-Sinjajevina-wind-park-consortium

Photo: Wirestock on Freepik

Published

April 1, 2024

Country

Comments

comments icon

0

Share

Published:

April 1, 2024

Country:

Comments:

comments icon

0

Share

N1, Sistem-MNE and Permonte, all based in Montenegrin capital Podgorica, signed a leasing contract for 203 hectares of state land for the Sinjajevina wind power project.

Montenegro has signed its third land lease for wind power projects. The Ministry of Spatial Planning, Urbanism and State Property told Vijesti that a consortium got a 30-year contract for the Sinjajevina area of 203 hectares.

The consortium of companies N1, Sistem-MNE and Permonte, all registered in Podgorica, was the only bidder for the land in Šavnik municipality. It consists of 17 lots of infertile and pasture land in the cadastral municipalities of Baon, Timar, Krnja Jela and Tušinja.

The initial price at the auction held on March 1 was EUR 569,500 per year. The sum will be adjusted for inflation on an annual basis, according to the propositions. By taking the land on lease, the consortium agreed to design, build, operate and maintain a wind power plant that would consist of units with a maximum capacity of 6.6 MW each.

Sinjajevina or Sinjavina is Montenegro’s biggest mountain range. It spans the municipalities of Kolašin, Šavnik, Žabljak and Mojkovac.

Under the same model, Energy 2 is developing the Sinjajevina – Part 1 project in Kolašin. The facility is planned to consist of 17 turbines with a total of 112.2 MW. The government issued the urban planning and technical requirement documentation in December.

Similarly, Alcazar Energy took land on lease last year for the Bijela wind farm project of 118 MW, also in Šavnik. Notably, Sistem-MNE is involved in the endeavor. In January, the ministry issued a call for bids for the lease of 150 hectares in the Korita area in the municipality of Bijelo Polje for the same purpose.

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

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia