wind farm Gvozd Archives - Carbon Trading Exchange

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 trial operations. The €82 million investment, supported by KfW Bank, marks a significant milestone in Montenegro’s renewable energy development. Construction of Gvozd 2, a smaller 21–22 MW wind facility, is expected to commence in early […]

Montenegro: EPCG to launch construction of the Gvozd wind farm in July Read More »

Montenegro: EPCG to launch construction of the Gvozd wind farm in July

The Montenegro Power Utility (EPCG) is set to kick off construction of the Gvozd wind farm in July, with plans also in motion for Gvozd 2, a 30-megawatt (MW) expansion, as announced by Milutin Đukanović, the president of the Board of Directors of the state-owned power company. “Based on our projections, construction was slated to commence a year ago. Unfortunately,