Saturday, 25th January 2025

Montenegro Advances Solar Energy with Major Grid Connection Deal

Montenegro's transmission system operator, CGES, has signed a crucial contract to connect an 87.5 MW solar power plant to the national grid, marking a significant step towards enhancing the country's renewable energy production and reducing dependence on fossil fuels

Montenegro’s transmission system operator, CGES, has taken a significant step towards a greener future by signing a contract to connect a solar power plant with an impressive total installed capacity of 87.5 MW. This marks a pivotal moment in the country’s renewable energy journey, reflecting a growing trend among investors seeking grid connection agreements for their projects in Montenegro.

The crucial agreement for the connection of the Vraćenovići photovoltaic plant to the national transmission system was formalized by Ivan Asanović, CEO of CGES, and Iva Simonović, Deputy CEO of Agenos Energy, based in Podgorica, the capital of Montenegro.

This development is more than just a technical milestone; it represents a strategic move towards enhancing Montenegro’s renewable energy production capabilities, reducing reliance on fossil fuels, and potentially lowering costs for future energy consumers

According to CGES, this deal encompasses the construction of necessary infrastructure to seamlessly integrate the new facility into the existing system. 

As the list of investors securing grid connection approvals in Montenegro continues to grow, this agreement highlights the critical role of such approvals in turning investment plans into tangible energy projects. 

With this latest advancement, Montenegro is not only reinforcing its commitment to renewable energy but also positioning itself as a forward-thinking player in the global shift towards sustainable power sources.

PhotoCGES

SIJ Partners with WAHAJ to Boost High-Performance Steel Production for EVs

Slovenia’s SIJ Group has signed a landmark Memorandum of Understanding with the Saudi Arabian government, pledging €1.5 billion to...

Bosnia and Herzegovina Reports 20.8% Surge in Vehicle Registrations

Bosnia and Herzegovina recorded a significant rise in motor vehicle registrations in December 2024, with 8,505 new registrations marking...

Škoda Superb Crowned Slovenian Car of the Year 2025

The Škoda Superb has secured the prestigious title of Slovenian Car of the Year for 2025, triumphing over the...

Global Electric Vehicle Sales Reach New Record

The global electric vehicle (EV) market surged by 25% in 2024, setting a new sales record as 17.1 million...

USB-C Becomes the Standard Charger for Mobile Devices Across Europe

Under new regulations, all small and medium-sized portable electronic devices sold in the EU must be compatible with USB-C...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities