Investors in Montenegro plan to build four solar power plants with a combined capacity of 127 MW, three of which will be located on the territory of the country's capital, Podgorica. The Montenegrin Government has issued urban planning and technical conditions for these projects, all proposed by private individuals. . The core activities of the majority state-owned Electrical Power Company of Montenegro (EPCG) are electricity generation, transmission, distribution, and supply. MOST RECENT INVESTMENT ACTIVITY 60 mil EUR 150 mil EUR 47 mil EUR 24. . Located at latitude 42. 2632, Podgorica, Montenegro is a favorable location for solar photovoltaic (PV) installations due to its substantial sunlight exposure throughout the year. During the Summer season, each kilowatt of installed solar capacity can yield an average of 7.
[PDF Version]
Where are solar power plants located in Montenegro?
Montenegro is rich in solar radiation, particularly in the southern part, especially around the cities of Bar and Ulcinj, and in the area around the capital city of Podgorica. Solar power plants are located in these areas due to the high solar radiation.
Will Podgorica build a solar power plant at Velje Brdo?
According to plans, Podgorica is building a solar power plant at Velje Brdo with an installed power capacity of at least 50 MW.
Does Montenegro need solar power?
In effect, Montenegro has ensured that the benefits of solar power – lower energy costs, protection from market volatility, and environmental gains – are available to those who need them most, but not only to affluent early adopters.
Is Montenegro a leader in rooftop solar energy?
In recent years, Montenegro, a small country on the Adriatic coast, has become an unexpected leader in rooftop solar energy. With more than 2,000 hours of sunshine per year, the country's natural potential has always been evident, but innovative policy design has truly driven adoption.