First wind turbine installed at wind park Krnovo
Works are continuing after the first out of 26 planned power generators was transported and erected at Krnovo plateau in central Montenegro near Nikšić, local portal Onogost.me reported. The equipment was brought by a special truck, as some parts are 50 metres long and weigh up to 153 tonnes. Construction work on the 72 MW […]
EBRD approves funds for Krnovo wind power plant
The European Bank for Reconstruction and Development (EBRD) is supporting the first commercial wind power plant in Montenegro, to be located at Krnovo, near the town of Nikšić in the western part of the country. Also, the government in Podgorica agreed on July 23 for French development bank of Proparco to join the project lenders. […]
IFC leads Akuo’s loan project to finance 77.5 MW wind farm
French green power producer Akuo Energy said it signed a mandate letter with International Finance Corporation (IFC) to finance the erection of the 77.5 MW Bağlar wind farm near Konya. The mandate letter provides for IFC to lead and arrange a syndicate of other multilateral agencies or commercial banks to provide up to EUR 100 […]


