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.
What is Montenegro's First Solar auction?
The government of Montenegro has set the conditions for the country’s first solar auction. The auction will accept bids for solar projects with a minimum capacity of 400 kW, offering up to 250 MW of total capacity. It is the first in a planned series of market premium auctions targeting 400 MW of new solar and wind capacity.
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.
How much electricity is produced in Montenegro in ?
In , Montenegro produced 3,160GWh of electricity. The majority of this electricity was produced at the Pljevlja coal-fired Thermal Power Plant as well as the Perucica and Piva Hydropower Plants.
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It is the first in a planned series of market premium auctions targeting 400 MW of new solar and wind capacity. The government has set a ceiling price of €65/MWh for the
Montenegro determines quota, maximum price for solar power
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
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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,
Montenegro sets ceiling price of €65/MWh for first solar auction
It is the first in a planned series of market premium auctions targeting 400 MW of new solar and wind capacity. The government has set a ceiling price of €65/MWh for the
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