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 […]
Montenegro
Montenegro: Jugopetrol to pay €1.29 dividend per share from retained profits
Montenegrin fuel retailer Jugopetrol has announced it will distribute a gross dividend of €1.29 per share for this year, maintaining
Montenegro: CEDIS launches €250 million investment plan to modernize electricity distribution network
Montenegro’s electricity distribution system operator, CEDIS, has unveiled an ambitious investment program aimed at modernizing the country’s electricity distribution infrastructure.
Montenegro advances renewable energy transition with large-scale projects
By the end of this year, the Gvozd wind farm, with a capacity of 55 MW, is set to start
Montenegro plans 50 MW Brijestovo solar power plant in Danilovgrad
Montenegro is preparing to construct a new solar power plant in Danilovgrad municipality. The planned Brijestovo solar facility will have
Montenegro: EPCG seeks international partner for Komarnica hydropower project
Montenegro’s state-owned power utility Elektroprivreda Crne Gore plans to include an international partner in the development of the Komarnica hydropower
Montenegro commissions Ubli 1 solar power plant to boost sustainable energy transition
Montenegro has officially put into operation its largest ground-based solar power plant, Ubli 1, located in the settlement of Ubli.
Montenegro: EPCG seeks international partner for controversial HPP Komarnica project
Montenegro’s state-owned power utility, EPCG, is preparing to bring an international partner on board to support the development of the
Montenegro attracts global interest in renewable energy projects and grid modernization
Investors from the United Arab Emirates, France, and the United States have expressed strong interest in Montenegro’s energy sector, particularly
Montenegro: EPCG faces major financial strain amid TPP Pljevlja shutdown and rising electricity demand
Montenegro’s state-owned power utility EPCG is bracing for a significant financial shortfall in 2025, according to CEO Ivan Bulatović. To
Montenegro: EPCG reports €10.2 million Q1 2025 profit amid revenue and cost increases
Montenegro’s state-owned power company EPCG posted a net profit of 10.2 million euros in the first quarter of 2025, slightly
Montenegro: EPCG receives environmental approval for Krupac solar power plant project
Montenegro’s state-owned power utility, EPCG, has received approval for the environmental impact assessment (EIA) study for the construction of the