cges solar power montecevo cwp asanovic gazivoda

Montenegro’s CGES signs two more grid connection agreements for solar power plants

08 August 2023 - In mid-June, TSO CGES inked its first grid connection agreement for a solar power project. The three facilities are planned at over 1,000 MW in combined capacity.

Albania Montenegro install another electricity interconnection

Albania, Montenegro agree to install another electricity interconnection

10 March 2023 - The TSOs of Albania and Montenegro – OST and CGES – plan to reconstruct a high-voltage power line and install another one


Ivan Asanović takes helm of Montenegro’s transmission system operator

24 September 2021 - Ivan Asanović, an electrical engineer, has been appointed as acting executive director of Montenegro's transmission system operator.

Elektromreza Srbije CGES shares purchase

Serbia’s TSO EMS acquires 5% of shares of Montenegrin TSO CGES

12 January 2021 - Elektromreža Srbije bought shares from small shareholders at the stock exchange for about EUR 7 million.

CGES income cable electricity transit increased threefold

Submarine cable helps triple CGES’ electricity transit revenues

05 January 2021 - Montenegrin TSO pulled in EUR 11.6 million in revenues in 2020 from the commercial use of the power link between Montenegro and Italy.


Energy companies in Montenegro to invest EUR 734 million by 2024, EUR 1 billion in total

27 July 2020 - Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR...

submarine cable

CGES earns EUR 3 million by auctioning capacity of submarine power cable

13 January 2020 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) has earned EUR 3 million by...

Submarine power cable promotes Montenegro as energy hub for Balkans – Ferraris

05 July 2019 - The Montenegro-Italy submarine power cable has been deployed under an investment that will enable Montenegro...

SEE CAO appoints Ivan Bulatović as new executive director

13 May 2019 - Coordination Auction Office in South East Europe (SEE CAO) has appointed Ivan Bulatović as the...

CGES to pay dividend from retained earnings from previous years

04 January 2019 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem’s (CGES) shareholder assembly has backed a EUR...

CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project

01 November 2018 - Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have...

Energy Community backs certification of transmission system operator CGES

06 March 2018 - The Energy Community Secretariat supports the certification of the Montenegrin transmission system operator Crnogorski Elektroprenosni...

1 2 3