Tag: EPCG

EPCG advances €26 million Gvozd 2 wind expansion as construction moves ahead

Montenegro’s state power utility EPCG has advanced construction of its 21 MW Gvozd 2 wind farm, with work nearing completion on the second of three turbine foundations...

Montenegro’s wind sector moves from pioneer projects to a new phase of energy expansion

Montenegro’s wind sector is entering a different stage of development. What began with two relatively isolated projects at Krnovo and Možura is gradually becoming a more important component...

EPCG spent to clean up Pljevlja. Brussels still wants it closed

The retrofit can cut sulphur, nitrogen and dust. It cannot turn a 225MW lignite plant into a low-carbon asset, or answer who replaces its...

EPCG and Masdar target 2027 construction start for Montenegro’s first joint solar project

Montenegro’s state power utility Elektroprivreda Crne Gore and Abu Dhabi renewable-energy developer Masdar could begin constructing their first jointly owned solar power plant during 2027,...
Supported byVirtu Energy

Masdar, EPCG and the cable to Italy: Who captures Montenegro’s green premium?

The country has a 50:50 state-backed developer, a wind farm in commissioning and an export cable to a richer market. Its constraint is no...

EPCG prepares €64.2mn of debt for ten smaller renewable projects

EPCG has received approval to seek as much as €64.22mn of long-term borrowing for ten renewable projects with combined capacity of 95.87 MW and projected annual generation of 124.5...
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