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:
- experience in the field of the construction of wind power plants with a cumulative installed capacity of at least 500 MW;
- 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;
- 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%
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.