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 […]
The Government of Montenegro has adopted the National Energy and Climate Plan, along with a bill on cross-border electricity and natural gas exchange. The National Energy and Climate Plan (NECP) of Montenegro is the overarching strategy that clearly defines what the country should achieve by 2030: a 55% reduction in emissions, a renewable energy share […]
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 […]
Montenegro is facing its most challenging year for the energy sector, Minister of Energy and Mining Admir Šahmanović stressed. State-owned power utility Elektroprivreda Crne Gore (EPCG) will suffer a loss of around EUR 80 million given that the Pljevlja coal power plant is offline, while electricity consumption is rising amid increases in prices of other […]
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 […]
Montenegro has drafted a program for the development of green hydrogen with an action plan for the period 2026-2028 and a strategic environmental impact assessment report. The public discussion is underway about the draft green hydrogen development program with an action plan for the period 2026-2028 and strategic environmental assessment report. It lasts 20 days […]
Montenegro plans to become a country of green data centers, according to Prime Minister Milojko Spajić. Milojko Spajić was one of the speakers at the keynote panel Accelerating the Western Balkans’ Green and Smart Growth, within the European Union – Montenegro Investment Conference in Luštica, near Tivat. Earlier, European Commission President Ursula von der Leyen […]
The second line of the submarine cable connecting Montenegro and Italy is expected to be completed by 2031, Montenegro’s Minister of Energy and Mining Admir Šahmanović said at the European Union – Montenegro Investment Conference. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened yesterday in Luštica, near Tivat, by […]
Alcazar Energy intends to increase its investments in Montenegro from USD 200 million to USD 500 million, according to Co-Founder and Managing Partner Daniel Calderon. Alcazar Energy is one of the companies with which Montenegro has signed memoranda of understanding on projects in the energy sector. It was done today at the EU-Montenegro Investment Conference […]