Renewables

TENDERING: Montenegro leasing land for wind farm on Brajići locality

Photo: Pixabay

Published

August 12, 2019

Country

Comments

0

Share

Published:

August 12, 2019

Country:

Comments:

0

Share

Montenegro’s Ministry of Economy has launched tendering for a long-term lease to state land for the construction of a wind farm with a minimum installed capacity of 70 MW on the Brajići locality in the municipalities of Budva and Bar.

The land on the Brajići locality spans 13,791,606 square meters. The minimum lease fee requested is EUR 0.05 per square meter annually during the 30-year lease period.

According to the invitation, which was initiated by the company Vjetroelektrana Budva, owned by wpd europe, eligible to bid are all legal entities and individuals, domestic or foreign, as well as consortia, meeting the following requirements:

  1. experience in the field of the construction of wind power plants with a cumulative installed capacity of at least 500 MW;
  2. experience in the implementation of wind power plant construction projects, and at least one wind power plant with an installed capacity of 50 or more MW;
  3. average annual gross income exceeding EUR 100 million or equivalent in another currency, over the last 3 financial years (2016, 2017, 2018).

The deadline to file bids expires at noon on October 11, 2019.

Montenegro’s renewables share of power generation tops 60%

Montenegro has two operational wind farms – Krnovo and Možura. The construction of the Gvozd wind farm is expected to begin in 2020.

In the last two years, Montenegro produced more than 60% of electricity from renewable energy sources, which is the result of a good investment environment and the inherited production infrastructure, Montenegro’s Economy Minister in charge of energy, Dragica Sekulić, said recently in an interview with Balkan Green Energy News.

The main sources of renewable power generation in the past period were the Piva and Perućica hydropower plants (HPPs), which were built in the 1960s and the 1970s, while as of this year, wind energy accounts for around 10% of power generation, Sekulić said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

epcg gvozd 2024.

EPCG secures financing for Gvozd wind farm

03 October 2022 - EPCG is blaming the pandemic for the delay in the implementation of the 54.6 MW Gvozd wind farm project, Vijesti reported

CE Oltenia OMV Petrom four PV plants JVs

CE Oltenia, OMV Petrom to build four PV plants through JVs

03 October 2022 - OMV Petrom and CE Oltenia agreed to build four solar parks with a combined capacity of 450 MW at former coal mining locations in Romania

solar wind investments EU price cap

Wind, solar investors threaten to leave Europe because of revenue cap

03 October 2022 - The EU's wind and solar industries are threatening investments could go elsewhere after EU energy ministers voted to roll out revenue caps

Albania subsidize solar thermal collectors households up to 70

Albania to subsidize solar thermal collectors for households with up to 70%

03 October 2022 - Albania is conducting a program for the installation of solar thermal collectors for households, where it will cover 70% of the expenses