Montenegro has inaugurated the Gvozd wind farm, a significant addition to the country’s energy landscape and a pivotal step in its transition towards renewable energy. This facility, located near Nikšić, now stands as the largest wind power plant in Montenegro, highlighting the nation’s commitment to enhancing its clean energy capacity.
The Gvozd wind farm is projected to produce approximately 150 GWh of electricity annually, which is sufficient to meet the energy needs of around 25,000 households. This development is anticipated to bolster domestic clean energy production and reduce reliance on fossil fuels.
Financed through an investment of €82 million, the project received backing from the European Bank for Reconstruction and Development (EBRD). The construction was undertaken by Nordex, a German turbine manufacturer responsible for delivering and installing the necessary infrastructure for this renewable energy initiative.
Prime Minister Milojko Spajić emphasized that the Gvozd wind farm will operate on market-based principles under the management of state-owned utility EPCG. He assured that consumers would not incur additional costs related to subsidies for this project. The Prime Minister further noted that investments in the energy sector are crucial to Montenegro’s broader development strategy and will aid in lowering harmful emissions.
Minister of Energy and Mining Admir Šahmanović characterized the commissioning of this facility as a transformative moment for Montenegro’s energy sector. He pointed out that this represents the first major state-supported investment in renewable energy, reflecting a strategic focus on cleaner generation methods and enhanced stability within the domestic power framework.
