How much does a solar project cost in Montenegro?
The maximum price to compete for is EUR 65 per MWh and the contracts will last 12 years. The Government of Montenegro adopted the decisions and directives necessary for issuing a public call to auction for solar power projects of at least 400 kW. The lowest bids will win, and the maximum price is EUR 65 per MWh.
How much does a solar auction cost in Montenegro?
Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity. The auction is scheduled to take place later this year. Image: Bojana Cupic, Vlada Crne Gore
How much solar power does Montenegro have?
Montenegro had installed solar power capacity of just 6 MW at the end of . The country's solar power capacity is significantly smaller than the electrical power demand, which is currently met by the 225 MW Pljevlja thermal power plant in the north of Montenegro and two large hydropower plants, at Perućica (307 MW) and Piva (363 MW).
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.
Montenegro sets ceiling price of €65/MWh for first
Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity.
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Montenegro sets ceiling price of €65/MWh for first solar auction
Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity.
Montenegro determines quota, maximum price for solar power
At the forthcoming auction for market premiums for electricity from solar power plants in Montenegro, the participants will bid for state support for 250 MW in total capacity. The
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Epevatepr.me and Mercosur.me explores the potential for Montenegro to engage in the fabrication and assembly of key products and equipment for renewable energy projects,
Southeastern Europe
For solar energy to truly take hold, Montenegro needs continued regulatory support. Simplified processes for installing and connecting solar panels, as well as accessible
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