Montenegro: Krnovo wind farm produced 24,707 MWh in November

According to the data published by Montenegrin electricity market operator COTEE, the country’s sole wind farm Krnovo produced 24,707 MWh of electricity in November, significantly higher compared to the previous month, when it produced 6,466 MWh.
Krnovo wind farm had the largest contribution to Montenegrin renewable energy production within support scheme, which amounted to 32.33 GWh in November, compared to 6.81 GWh in the previous month. In 2018, Krnovo wind farm produced a total of 161,615 MWh of electricity and 169,568 MWh in the first eleven months of 2019.
Krnovo produced 76.42 % of electricity within supports scheme, 23.42 % was generated by small hydropower plants and 0.16 % by solar power plants. RES share in Montenegrin electricity consumption stood at 14.29 % in November.
Krnovo wind farm has power output of 72 MW, and it is expected to produce between 200 and 230 GWh of electricity per year, which is about 8 % of the national output. The cost of the project was 120 million euros and it was partially financed through loans provided by the German KfW Bank and the European Bank for Reconstruction and Development (EBRD). The wind farm was put into operation in November 2017. In January 2018, UAE-based company Masdar acquired 49 % stake in Krnovo wind farm. French Akuo Energy holds the remaining stake.
Montenegrin second wind farm – 46 MW Mozura started commercial production in early November.