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Second phase of Gvozd wind farm gets green light from environment agency
28 October 2025 - The Gvozd 2 developer has been instructed to conduct a one-year survey of birds and bats and submit the findings to the Environmental Protection Agency
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.
Montenegrin power utility to borrow EUR 25.6 million for phase 2 of Gvozd wind farm
27 June 2025 - EPCG plans to take out a EUR 25.6 million loan from the EBRD for the Gvozd 2 wind farm project, with an installed capacity of 21 MW.
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