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
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’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’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’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 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
EPCG to invest EUR 300 million in next three years – CEO
24 October 2024 - Montenegro’s power utility Elektropriveda Crne Gore is conducting a big investment cycle, its CEO Ivan Bulatović said
HPP Komarnica on standby for two years, completion of HPP Gvozd delayed by one year
18 September 2024 - The Gvozd wind farm and the Komarnica hydropower plant are among the most important projects of Montenegro's power utility EPCG
Drought, low electricity prices wreck results of Montenegro’s EPCG
16 September 2024 - In the first quarter of 2024, power utility Elektroprivreda Crne Gore achieved a profit of EUR 11.4 million, ten times below the 2023 level
Montenegro’s EPCG secures loan for new unit in HPP Perućica
11 September 2024 - Elektroprivreda Crne Gore has obtained a loan to install the A8 unit at its Perućica hydropower plant. The repayment period is 15 years.
Montenegro’s EPCG kicks off preparations to install batteries
03 September 2024 - The Board of Directors of Elektroprivreda Crne Gore has adopted a project task proposal to set up battery energy storage systems
Montenegro to launch renewables auctions in early 2025 – ministry
04 June 2024 - The Ministry of Energy and Energy is preparing four bills for the electricity sector to fully harmonize the regulatory framework with the EU