Montenegrin state-owned power utility EPCG announced that it has signed two contracts as part of the implementation of Solari 3000+ and Solari 500+ projects.
The contract for photovoltaic modules and substructure of the photovoltaic system was signed with the bidder Novi Volvox, which submitted the best offer of 12.44 million euros, excluding VAT. Contract for Inverters and smart electricity meters was signed with the bidder Comtrade Distribution, which submitted the most favorable bid of 4.128 million euros, excluding VAT.
With the realization of this project, EPCG will install 30 MW in photovoltaic systems for the production of green electricity. The complete public procurement process began at the end of September 2021, so the company, in just 9 months, managed to conduct public procurement procedures and conclude the relevant contracts.
The ultimate goal of the project is to create opportunities for all citizens of Montenegro, by meeting their own needs for electricity through local production and to actively participate in the process of green energy transition.
By concluding the abovementioned contracts, all preconditions have been created for the start of works on the Solari 3000+ and 500+ projects, which confirms that EPCG is seriously committed to a new investment cycle, focusing on investments in renewable energy sources. The projects will enable 3,000 households to install solar panels of the roof of residential buildings and become prosumers, as well as 500 small enterprises.
