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.
Montenegro had installed solar power capacity of just 6 MW at the end of 2020. 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).
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.
The majority of electricity in Montenegro is primarily produced at the Pljevlja coal-fired Thermal Power Plant and the Perucica and Piva Hydropower Plants\. The core activities of the majority state-owned Electrical Power Company of Montenegro (EPCG) are electricity generation, transmission, distribution, and supply.
Our solar PV systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
Explore Montenegro solar panel manufacturing with market analysis, production statistics, and insights on capacity, costs, and industry growth trends.
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We carry a variety of solar panels from different manufacturers, so you can find the perfect one for your needs. You can buy solar panels in Montenegro, Serbia, Germany, …
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The participants in the forthcoming auction for solar power projects in Montenegro will bid for state support for a total of 250 MW.
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Montenegro slashes VAT on solar panels to 7% Montenegro has introduced a new measure to reduce value-added tax on PV systems with capacities up to 1 MW.
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The participants in the forthcoming auction for solar power projects in Montenegro will bid for state support for a total of 250 MW.
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