Wind energy in Montenegro: the second wind farm concession

The government said it approved a contract with the consortium for 20-year land concession and construction of a 50 megawatt (MW) wind farm in the Krnovo area, in the central municipality of Niksic.

The wind power contract contains an option for an increase in the wind farm’s capacity by 22 MW. The whole wind power project cost is estimated at between 70 and 90 million euro.

Mitsubishi, one of the world’s leading wind turbines producers, and has 4,124 MW of installed capacity worldwide.

Vienna-based Ivicom Consulting consults big engineering and trading companies in steel production and manufacturing. Across southeast Europe, it has office representatives in Croatia, Montenegro and Turkey.

This is the second wind farm concession Montenegro awards. It hired last month Spain’s Fersa Energias Renovables to build a 65 million euro 46 MW wind farm in the Mozura area close to the Adriatic coast.

Source: MIPA,