EPCG shareholders approve investment in Gvozd wind farm project
Shareholders of state power utility Elektroprivreda Crne Gore (EPCG) have approved an investment into a joint EUR 58 million project with Austria’s Ivicom Holding to build the Gvozd wind farm, RTCG reported following a meeting of EPCG’s shareholders. Ivan Mrvaljević, head of development and engineering at EPCG, said earlier this year that EPCG could launch […]
EUR 8 million in incentives paid to Montenegrin renewables producers in January-July
Producers of electricity from renewable energy sources in Montenegro received a total of EUR 8.08 million in state incentives in the first seven months of 2019, an increase of 3% compared with the same period last year, according to data from the Montenegrin Electricity Market Operator (COTEE), RTCG has reported. Krnovo Green Energy’s wind farm […]
Cantonal government moves on EUR 61.3 million wind farm project
The government of the Una-Sana Canton has authorized Prime Minister Mustafa Ružnić to sign an agreement with Croatia’s Ivicom Consulting, part of Austria’s Ivicom Holding, concerning a project to build a wind farm in the Bihać area. The wind farm is to be built under an investment of around BAM 120 million (some EUR 61.3 […]
EPCG inks wind farm MoU with Austria’s Ivicom, feed-in tariffs not planned
Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) and Austria-based Ivicom Holding have signed a memorandum of understanding (MoU) concerning the implementation of a project to build the Gvozd wind farm with a planned capacity of 50 MW, under an investment estimated at around EUR 70 million, EPCG has said in a press release. Financing for […]
Montenegro to buy part of transmission network from Krnovo wind farm
The Government of Montenegro has decided to purchase a part of the power transmission infrastructure which France’s Akuo Energy has built for its Krnovo wind farm. A European Union grant of EUR 5.8 million has been secured for the transaction. The 110/35 kV Brezna substation with a connection to the existing Nikšić-Brezna transmission line, as […]
Montenegrin government issues operating permit for Krnovo wind farm
The Montenegrin Ministry of Sustainable Development and Tourism issued an operating permit late in August 2017 for the Krnovo wind farm which started tests of its wind turbines in May this year. The Krnovo wind farm is a EUR 120 million investment which led the Montenegrin authorities to decide to raise subsidies for electricity from […]
Krnovo wind park started trial electricity production
Wind power plant in Krnovo, Montenegro, launched trial electricity production on 5 out of 26 wind turbines installed. Wind park has MW 72 of installed power and it is one of the largest facility of that type in the region. According to plan, production will be increased gradually, followed by technical tests. If the tests […]
Ivicom to develop Krivača wind park
Ivicom Energy d.o.o. from Žagubica, part of Ivicom Energy GmbH of Austria, said it is investing in building a wind power park Krivača, in Braničevo district in eastern Serbia. The facility is designed for the capacity of 103.3 MW. Commissioning is scheduled for November 2017. Ivicom’s domestic subsidiary was established in 2009 for the research […]