Why OE-governed quality assurance...

In every mature renewable market, there comes a moment when engineering quality—once assumed,...

Insurance, force majeure and...

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily...

ESG, community strategy and...

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical...

The grid-ready wind farm...

A decade ago, the success of a wind farm in Southeast Europe was...
Supported byClarion Energy
HomeSEE Energy NewsMontenegro, Government has...

Montenegro, Government has decided to suspend activities on the preparation for the construction of Briska Gora solar power plant

The Montenegrin Government has decided to suspend activities on the preparation for the construction of Briska Gora solar power plant near Ulcinj.

Namely, previously adopted changes and amendments to the spatial and urban plan and on the long-term lease of state land for the construction of the future solar power plant, were put out of force by the current Government due to formal shortcomings.

The statement from the Government said that so far in Montenegro, a total of 23 small hydropower plant (SHPP) were built, as well as two wind farms – Krnovo and Mozura. The Government has unilaterally terminated nine concessions for the construction of SHPPs, with one mutually agreed termination, while another concessionaire is preparing for this option.

Also, the Government has awarded a concession for the construction of SHPP Otilovici to state- owned power utility EPCG. The concession is awarded for 30 years, the amount of compensation is 6.5 % of the realized annual electricity generation and it cannot be less than 5 % of the planned annual electricity generation.

In May 2020, Montenegrin Government drafted an amendment to the Spatial Plan of municipality of Ulcinj in relation to a long-term lease of the land in the Briska Gora location for the exploitation of solar energy and construction of solar power plant of installed capacity of up to 260 MW.

The agreement on the lease of state-owned land defines the construction of a solar plant in two phases – phase I of minimum installed capacity of 50 MW and phase II of a total planned installed capacity of over 200 MW. The land for the construction of the solar power plant has been leased to the consortium consisting of state-owned power utility EPCG, Finnish company Fortum and Sterling&Wilson.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind...

Insurance, force majeure and financial risk transfer — the new architecture of protection for wind investors in Southeast Europe

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily on EPC contracts, turbine warranties, and revenue support mechanisms. Insurance was treated as a formal requirement—necessary for lenders, but rarely integrated into strategic project design. That...

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50...
Supported byVirtu Energy
error: Content is protected !!