Power utility Elektroprivreda Crne Gore and Norwegian company NTE Energi AS have signed a memorandum of understanding confirming their mutual commitment to intensifying cooperation in the renewable energy sector in Montenegro. The memorandum of understanding envisages the exchange of information, coordination of activities, and consideration of specific projects through joint venture Zeta Energy, established by […]
Croatian oil and gas company INA and German energy giant E.ON’s subsidiary in the Southeastern European country have signed a power purchase agreement for electricity from renewable sources. The power purchase agreement (PPA) will enable INA, majority-owned by Hungarian MOL, to use energy from its own power plants, even from remote locations where the produced […]
Montenegro’s state-owned power utility Elektroprivreda Crne Gore plans to include an international partner in the development of the Komarnica hydropower project. The company cited the experiences of Norway, Austria, and France. The plant, with a proposed capacity of 172 MW, is expected to have an annual production of around 213 GWh. Elektroprivreda Crne Gore (EPCG) […]