Montenegrin grid prepared for 1.5 GW more from renewables
With the remaining 400 kV transmission line, the 400 kV grid ring in Montenegro will be completed, CEO of CGES Ivan Asanović said
BiH, Montenegro to boost electricity interconnection capacity
Two countries have signed a Memorandum of Understanding on the reconstruction of the existing, and the construction of new power lines
Montenegro’s CGES signs two more grid connection agreements for solar power plants
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 agree to install another electricity interconnection
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
Ivan Asanović, an electrical engineer, has been appointed as acting executive director of Montenegro's transmission system operator.
Serbia’s TSO EMS acquires 5% of shares of Montenegrin TSO CGES
Elektromreža Srbije bought shares from small shareholders at the stock exchange for about EUR 7 million.
Submarine cable helps triple CGES’ electricity transit revenues
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
Energy companies in Montenegro plan to invest more than EUR 1 billion, of which EUR 734.6 million in the next four years, according to the third socio-economic package, adopted by the government to mitigate the coronavirus pandemic effects. The largest part of these investments will be implemented by state-owned companies Elektroprivreda Crne Gore (EPCG), Crnogorski […]