Velje brdo PV plant tender to start by year-end, could expand to 300 MW


Photo: The location of the PV plant is near the capital Podgorica


June 17, 2020






June 17, 2020





Montenegro intends to launch a tendering procedure by the end of the year for the construction of a solar power plant in Velje brdo in capital Podgorica. The originally planned capacity of 50 MW could be increased to 150 MW or even 300 MW.

The tendering process for the construction of a solar power plant at the Velje brdo site should be announced by the end of the year, said Nikola Vujović, state secretary at the Ministry of Economy.

He said he anticipates the signing of the contract for the project in the same timeframe.

The coronavirus pandemic has delayed the announcement of the tender, planned for the third quarter of the year

He said that the announcement of the tender and the lease of land for the construction of the solar power plant were planned for the third quarter. The coronavirus pandemic’s impact warranted the delay, Vujović added.

A potential investor has signaled that the location has greater potential than the previously announced 50 MW

The spatial plan for the location of the photovoltaic (PV) facility in Velje brdo envisages an installed capacity of 50 MW, but a potential investor said that the potential of the site is much larger.

The estimated value of the investment was EUR 75 million

Last year a potential investor told the ministry that the locality of Velje brdo has a significantly higher potential for the use of solar energy than the planned 50 MW. The entity claimed that the installed capacity of the PV facility could be from 150 to 300 MW, he said.

Vujović did not name the potential investor.

According to earlier local media reports, Germany’s S&Z Energie Systeme was involved in the initial phase of the project. The estimated value of the investment was EUR 75 million.

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

BiH digitalization speed up investments

BiH turns to digitalization to speed up investments

01 October 2022 - A new application provides a customized guide for specific projects, with a list of permits, consents and other necessary documentation

Wind turbine Siemens Gamesa lay off 10 workforce

Wind turbine giant Siemens Gamesa to lay off 10% of workforce

30 September 2022 - Delivery delays and the rise in material costs forced Siemens Gamesa to cut 2,900 jobs as part of its restructuring plan

Rama Biggest issue not electricity price availability

Rama: Biggest issue will not be electricity price but its availability

30 September 2022 - Albania's Prime Minister Edi Rama called on citizens again to save electricity, saying it is not just about the financial cost

Gas interconnector Greece Bulgaria commercial operation October 1

Gas interconnector Greece-Bulgaria to start commercial operation on October 1

29 September 2022 - Greece and Bulgaria issued operating permits for the interconnector between the two countries' gas networks