Gvozd 2 loan EPCG EBRD

Montenegro’s power utility gets EUR 25 million loan to expand Gvozd wind farm

20 August 2025 - The installed capacity will be increased to 75.6 MW, making Gvozd the largest wind farm in Montenegro.

Project 81 MW solar park on coal mine in Montenegro

Project underway for 81 MW solar park on coal mine in Montenegro

24 July 2025 - The Government of Montenegro gave a provisional green light for a solar power plant of 81.1 MW in peak capacity on coal land in Pljevlja

montenegro loan epcg pljevlja electricity import

Montenegro’s EPCG to take out EUR 50 million loan

07 July 2025 - Elektroprivreda Crne Gore will take out a loan of EUR 50 million to purchase electricity to supply consumers in the country.

montenegro epcg net conference budva milutin djukanovic

Đukanović: EPCG is implementing three key strategic policies

16 June 2025 - At the opening of the EPCG NET conference in Budva, Miliutin Đukanović announced the start of trial operations at the Gvozd wind farm

Decarbonization of Southeastern European region: both renewables and nuclear are speeding up

24 May 2025 - Representatives of state-owned utilities and independent power producers discussed at BEF 2025 the different approaches to decarbonization in the region

montenegro increased power consumption solar epcg kasalica

Montenegro’s power consumption grows 25%

16 April 2025 - Electricity consumption in Montenegro is driven, among other factors, by solar power expansion

montenegro bess batteries epcg US China Japan

Montenegro’s EPCG discussed BESS project with companies from US, China, Japan, region

11 March 2025 - Elektroprivreda Crne Gore said in September that it started the preparations to install battery energy storage systems

epcg alcazar memorandum bijela wind farm

Alcazar Energy, EPCG open talks on PPA for Montenegro’s biggest wind farm

29 January 2025 - Alcazar and EPCG have signed a memorandum of understanding, marking the launch of negotiations on a power purchase agreement

montenegro epcg batteries public call djukanovic

Montenegro’s EPCG to launch public call for 300 MWh of batteries

19 December 2024 - Montenegro's state power utility intends to invite bids by the end of the year for the installation of battery energy storage systems

montenegro hpp krusevo epcg jaroslav cerni bulatovic vuckovic

Montenegro’s EPCG signs contract for Kruševo hydropower project design

03 December 2024 - Elektroprivreda Crne Gore and the Jaroslav Černi Water Institute have agreed next steps for the Kruševo hydropower project

montenegro gvozd epcg nordex Ibrahim Özarslan

Montenegro’s power utility EPCG begins construction of Gvozd wind farm

21 November 2024 - Wind farm Gvozd will be the first large-scale power generation facility to be built by EPCG in more than 40 years

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

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