Tag Archives: Montenegro

Wind Farm Gvozd will Operate with 13 Wind-Turbines in Montenegro

The power of the future wind farm Gvozd, worth 58 million EUR, will be 55 megawatts and, according to the estimates, it will have 13 windturbines. The Gvozd wind farm will be located on a very complex terrain and it will be an extension of Krnovo wind farm, which is already functioning well. The terrain … Continue reading Wind Farm Gvozd will Operate with 13 Wind-Turbines in Montenegro

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Wind energy in Montenegro: Construction of Wind Farm in Braji?i, Budva to Begin Soon

A public call for the construction of a wind farm in Braji?i with an installed wind power capacity of more than 70 megawatts should be announced soon. The Government of Montenegro has adopted the Information on the announcement of a public call for a long-term lease of state-owned land for the construction of a wind … Continue reading Wind energy in Montenegro: Construction of Wind Farm in Braji?i, Budva to Begin Soon

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Masdar inks deal to invest in Montenegro wind farm

Masdar has signed an agreement with France’s Akuo Energy to invest in the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, chief financial officer of Masdar, and Eric Scotto, CEO of Akuo Energy, during Abu Dhabi Sustainability Week 2018. Built in one phase, the Krnovo project comprises 26 … Continue reading Masdar inks deal to invest in Montenegro wind farm

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Masdar acquires stake in Montenegro wind farm

Abu Dhabi Future Energy Company (Masdar) today signed a share purchase agreement (SPA) with Akuo Energy, the French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, chief financial officer of Masdar, and Eric Scotto, chief executive officer of Akuo Energy, … Continue reading Masdar acquires stake in Montenegro wind farm

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EBRD loan for the construction of wind farm plants in Montenegro

Company “Krnovo Green Energy” plans to apply for a loan from the European Bank for Reconstruction and Development (EBRD) to finance the construction of wind power plants in Krnovo.   Construction of wind power plant Krnovo will partly be financed by loans and KGE intends to invite companies to bid for contracts to build wind … Continue reading EBRD loan for the construction of wind farm plants in Montenegro

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