Montenegro will have one of the largest solar power plants in Europe
The solar power plant on Briska Gora will be one of the largest in Europe. The implementation of the project of construction a solar power plant envisages an investment of around EUR 200 million, which should permanently employ 226 people.
The Government’s focus in the previous period was on developing an environment that would encourage investors to invest in renewable electricity. The result of this work, Minister Sekulic says, is the investment of reputable European investors in renewable energy sources.
‘Also, an additional indicator of a great business environment for investing in renewable sources is the signed contract for the construction of a 250 MW solar power plant with a consortium consisting of the renowned Finnish company FORTUM in addition to the EPCG, as well as the interest of the German company WPD, one of the leaders in the construction of wind farms in Europe, for the construction of the Brajici wind farm. We should also mention the interest of the Austrian company Ivicom to build a wind farm Gvozd together with our national company EPCG’, Sekulic said.
In addition to the results achieved in the development of the business environment for investments in renewable energy sources, the state through the national companies EPCG, also made direct investments in renewable energy sources.
‘Namely, as a co-owner of Zeta energy, EPCG invested EUR 3.5 million in the reconstruction of the hydroelectric power plant Glava Zete and on that occasion increased its installed capacity from 4.4 MW to 5.6 MW. EPCG also invested EUR 3.3 million in the reconstruction of the Slap Zeta hydroelectric power plant through Zeta energy, increasing the installed capacity from 1.2 MW to 1.7 MW’, she explained.
As she added, Montenegro met all its electricity needs from renewable sources without the thermal power plant and there were no grams of greenhouse gas emissions. Minister Sekulic, among other things, said that the contracting procedure with the first-ranked bidder for the ecological reconstruction of the Pljevlja TPP was in progress.