EPCG
Montenegro’s EPCG posts biggest profit in its history
13 July 2023 - State-owned power utility Elektroprivreda Crne Gore (EPCG) has posted a record profit for the first half of 2023
Montenegro’s EPCG signs financing deal for Gvozd wind power project
19 June 2023 - Montenegro's state-owned coal and power producer EPCG obtained a EUR 82 million loan from the EBRD for its first wind power project
Energy transition is development opportunity for EPCG, entire Montenegro
03 June 2023 - The energy transition proved to be a development opportunity for Montenegro, headline speakers said at the EPCG Net event in Budva
Main power producers in Balkans can’t afford to fall behind in energy transition
10 May 2023 - The biggest electricity producers in Southeastern Europe need to establish partnerships and move with the times in doing business, according to the participants in a discussion on power utilities in the energy transition, held at BEF 2023
Montenegro to use carbon credit revenue to subsidize solar panel installation
09 May 2023 - Montenegro raised some EUR 9.26 million in an auction of emission allowances for 2022
Chayton Capital, Montenegro’s EPCG eye new unit in TPP Pljevlja
13 April 2023 - A British company, the Government of Montenegro and power utility EPCG agreed to transform the economy of the coal town of Pljevlja
Regional utilities gather to discuss emissions trading: cooperation toward energy transition
29 March 2023 - Top managers of five state-owned power companies from BiH, Montenegro, North Macedonia and Serbia have discussed cooperation
Montenegro’s EPCG to start production of racking for solar power plants
08 March 2023 - Elektroprivreda Crne Gore (EPCG) recently took over the now defunct steelworks Željezara in Nikšić from Tosçelik
EPCG to install 47 MW solar power plant at Nikšić steelworks
26 January 2023 - Power utility Elektroprivreda Crne Gore bought the company in Nikšić for EUR 20 million from Turkish company Tosçelik.
Montenegro lowers value-added tax for solar panels
04 January 2023 - The Parliament of Montenegro has adopted amendments to the Law on VAT and the Law on Planning and Construction
EPCG’s project Solari kicks off sustainable energy transition in Montenegro
29 December 2022 - The solar panel installation program includes the entire society in the energy transition, earning a place among energy transition champions
EPCG is looking for EUR 70 million loan to finance rooftop solar power plants
29 December 2022 - EPCG has published an international public call for the selection of domestic and foreign financial institutions
EPCG signs EUR 29.4 million deal to overhaul three units at HPP Perućica
15 December 2022 - The overhaul of three generators at HPP Perućica is the second phase of a project to modernize EPCG’s oldest hydropower plant
Đukanović: Montenegro earns EUR 46.4 million from electricity exports in three weeks
12 December 2022 - Another good news from Montenegro is that the share of wind in domestic electricity production on December 9 was the highest in Europe
Power utility EPCG to buy Nikšić steelworks, set up solar energy firm
08 December 2022 - EPCG intends to set up a firm that will not produce steel but operate in the solar sector
Montenegro’s EPCG to expand Solari program with 5,000 rooftop PV units
05 December 2022 - The Solari 5,000+ program will enable the addition of 70 MW in total solar power capacity, valued at EUR 70 million