Tag Archives: Montenegro

Nordex receives its first order for wind power in Montenegro for 55 MW

Nordex has received its first order from Montenegro. The utility company EPCG – Elektroprivreda Crne Gore has ordered eight N163/6.X wind turbines. The contract also includes the Premium Service for the maintenance of the systems for a period of 25 years. The Delta4000 series wind turbines are intended for the 55 MW Gvozd wind farm … Continue reading Nordex receives its first order for wind power in Montenegro for 55 MW

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Montenegro wind farm deal to be published, minister says

A copy of the deal for the buying of a wind farm in Montenegro will be tabled in Parliament in the coming days, Michael Farrugia said. The Energy Minister said on Monday, in a reply to a parliamentary question from PN MP Jason Azzopardi, that he had “no issue” with publishing the agreement. The deal is … Continue reading Montenegro wind farm deal to be published, minister says

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Wind power in Montenegro, EBRD loan for Gvozd wind farm

Elektroprivreda Crne Gore (EPCG) is negotiating a loan with the European Bank for Reconstruction and Development (EBRD) to finance the construction of the Gvozd wind farm. At the beginning of September last year, shareholders of EPCG approved the investment in the construction of the 54.6 MW Gvozd wind farm with Austria’s Ivicom Holding. It is … Continue reading Wind power in Montenegro, EBRD loan for Gvozd wind farm

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Wind energy in Montenegro, Možura wind farm starts operation with 23 wind turbines

The Možura wind farm, Montenegro’s second largest, with an installed capacity of 46 MW, has been officially inaugurated. The EUR 90 million wind farm was put in operation by Montenegrin energy minister Dragica Sekuli? and Maltese energy and water supply minister Joe Mizzi. The Možura wind farm was built by a consortium of Maltese state-owned … Continue reading Wind energy in Montenegro, Možura wind farm starts operation with 23 wind turbines

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Wind Farm Gvozd will Operate with 13 Wind-Turbines in Montenegro

The power of the future wind farm Gvozd, worth 58 million EUR, will be 55 megawatts and, according to the estimates, it will have 13 windturbines. The Gvozd wind farm will be located on a very complex terrain and it will be an extension of Krnovo wind farm, which is already functioning well. The terrain … Continue reading Wind Farm Gvozd will Operate with 13 Wind-Turbines in Montenegro

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Wind energy in Montenegro: Construction of Wind Farm in Braji?i, Budva to Begin Soon

A public call for the construction of a wind farm in Braji?i with an installed wind power capacity of more than 70 megawatts should be announced soon. The Government of Montenegro has adopted the Information on the announcement of a public call for a long-term lease of state-owned land for the construction of a wind … Continue reading Wind energy in Montenegro: Construction of Wind Farm in Braji?i, Budva to Begin Soon

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Masdar inks deal to invest in Montenegro wind farm

Masdar has signed an agreement with France’s Akuo Energy to invest in the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, chief financial officer of Masdar, and Eric Scotto, CEO of Akuo Energy, during Abu Dhabi Sustainability Week 2018. Built in one phase, the Krnovo project comprises 26 … Continue reading Masdar inks deal to invest in Montenegro wind farm

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Masdar acquires stake in Montenegro wind farm

Abu Dhabi Future Energy Company (Masdar) today signed a share purchase agreement (SPA) with Akuo Energy, the French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, chief financial officer of Masdar, and Eric Scotto, chief executive officer of Akuo Energy, … Continue reading Masdar acquires stake in Montenegro wind farm

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EBRD loan for the construction of wind farm plants in Montenegro

Company “Krnovo Green Energy” plans to apply for a loan from the European Bank for Reconstruction and Development (EBRD) to finance the construction of wind power plants in Krnovo.   Construction of wind power plant Krnovo will partly be financed by loans and KGE intends to invite companies to bid for contracts to build wind … Continue reading EBRD loan for the construction of wind farm plants in Montenegro

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