gvozd wind farm Archives - Carbon Trading Exchange

Montenegro installs Europe’s largest operating wind turbine at Gvozd wind farm Read More »

Montenegro installs Europe’s largest operating wind turbine at Gvozd wind farm

Montenegrin state-owned power utility EPCG has successfully installed what it claims is the largest wind turbine currently operating in Europe, underscoring Montenegro’s ambition to not only follow European energy trends but actively shape them. The Gvozd wind farm serves as a flagship project for this vision. The first 7 MW turbine, featuring a 120-meter tower […]

Montenegro: Gvozd wind farm nears trial operations for late 2025 Read More »

Montenegro: Gvozd wind farm nears trial operations for late 2025

Montenegro’s state-owned power utility EPCG is advancing steadily toward the commissioning of its first wind power plant, the 55 MW Gvozd project, with trial operations expected to begin before the end of 2025. Installation of the turbines, supplied by Germany’s Nordex, began in October. According to project manager Nikola Vukotić, the transport of all turbine

Montenegro: Final turbine foundation completed at Gvozd wind farm Read More »

Montenegro: Final turbine foundation completed at Gvozd wind farm

The final turbine foundation has been poured at the Gvozd wind farm, marking a key milestone for one of Montenegro’s largest renewable energy projects. With a total investment exceeding 80 million euros, the project is located between Nikšić and Šavnik and is expected to play a significant role in the country’s transition to clean electricity.

Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity Read More »

Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity

Montenegrin state-owned power utility EPCG has obtained government approval to borrow 25.63 million euros from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm, which will add 21 MW of capacity. The original Gvozd installation currently has 54.6 MW and is expected to generate approximately 150

Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition Read More »

Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition

Concrete pouring has begun for the first of eight foundations that will support the wind turbines of the Gvozd wind farm, located near Nikšić. This ambitious project, with an estimated value of around 82 million euros, stands among the most significant energy developments currently underway in Montenegro. The state-owned power utility EPCG is the investor