So far this year, EPCG Solar Gradnja has installed solar power plants with an overall capacity of 36 MW. EPCG Solar Gradnja, a subsidiary of state-owned power utility Elektroprivreda Crne Gore (EPCG), specializes in the procurement, design, installation, and maintenance of photovoltaic systems. Its main role is the installation of solar panels within the programs […]
Representatives of the Government of Montenegro and Masdar discussed potential joint projects in the energy sector. The focus of the meeting was on solar energy, energy storage, and hydropower. Minister of Energy and Mining of Montenegro Admir Šahmanović and the Minister of Public Works Majda Adžović met today at Villa Gorica in Montenegro’s capital Podgorica […]
Power utility Elektroprivreda Crne Gore has launched its second battery energy storage system procurement tender. The required capacity is drastically lower than in the first call. The initial public procurement was canceled because state-owned energy company Elektroprivreda Crne Gore (EPCG) didn’t obtain approval from the Government of Montenegro to take a loan for a EUR […]
Zdravko Dragaš is the new CEO of Montenegro’s state-owned power utility Elektroprivreda Crne Gore. The Board of Directors of Elektroprivreda Crne Gore (EPCG) appointed Zdravko Dragaš today as the company’s CEO, at its 41st regular session. A month and a half ago, the Board of Directors relieved the previous CEO Ivan Bulatović of his duties […]
Elektroprivreda Crne Gore has appointed a new chief executive officer. Instead of Ivan Bulatović, the new head of Montenegro’s state-owned power utility is Bojan Đordan. The Board of Directors of Elektroprivreda Crne Gore (EPCG) has relieved the previous chief executive officer Ivan Bulatović of his duties and appointed Bojan Đordan as the acting CEO. Đordan […]
Montenegrin state-owned power utility Elektroprivreda Crne Gore has signed memoranda of understanding with Akuo, E2S Power AG, and wind fisher for a floating solar power plant, thermal batteries, and a pilot project for high-altitude wind turbines, respectively. Memoranda of understanding (MoUs) were signed within the framework of the European Union – Montenegro Investment Conference. Domestic […]
Necessary investments in Bosnia and Herzegovina’s electricity distribution grids by 2030 amount to BAM 1.4 billion (EUR 716 million), according to Zijad Bajramović, chairman of the Bosnia and Herzegovina committee of the International Council on Large Electric Systems (CIGRE). The growing installation of power plants utilizing renewable energy sources is creating congestion in transmission and […]
Montenegro’s state-owned power utility, Elektroprivreda Crne Gore, has launched a tender for the procurement and installation of two battery energy storage systems with a total capacity of 60 MW/240 MWh. Elektroprivreda Crne Gore (EPCG) is seeking a partner for the design, supply, installation, testing, and commissioning of two battery energy storage systems (BESS), each with […]
Montenegro’s state-owned power utility, Elektroprivreda Crne Gore, posted a EUR 24.5 million loss in the first half of 2025, a 620% increase compared to the same period last year. The main reasons for the poor results were a production halt at the Pljevlja coal power plant and a wide gap between the purchase price of […]
Montenegrin state-owned power utility Elektroprivreda Crne Gore (EPCG) said it signed a EUR 25 million loan contract with the European Bank for Reconstruction and Development (EBRD) for expanding the Gvozd wind farm to 75.6 MW. Once fully operational, it will be the largest wind farm in Montenegro. The Gvozd 2 project involves the installation of […]