Monday, 27th October 2025

Montenegro Secures €26 Million Loan for Wind Park Expansion

EBRD backs renewable energy growth with Gvozd investment

The European Bank for Reconstruction and Development (EBRD) has approved a €26 million loan for the expansion of the Gvozd wind park in Montenegro, cementing the country’s push to diversify its clean energy mix.

The project represents more than infrastructure; it is part of Montenegro’s path to EU integration, where climate targets and energy security go hand in hand.

By expanding its renewable base, Montenegro reduces reliance on imports and builds resilience against volatile energy markets.

Regionally, the Gvozd expansion fits into a mosaic of renewable projects—from Croatia’s wind farms to Albania’s hydro assets—that together are positioning the Adria region as a green corridor for Europe.

Have a news tip or story to share? Email us at info@connectingregion.com

Photo sourceceenergynews.com

Vučić Says Serbia Can Buy Russian Stake in NIS, but Moscow Prefers Third-Party Sale

The offer was made during a recent meeting with Alexander Dyukov, Chairman of the Board at Gazprom Neft, and...

Ferrari and Maserati Enter the Electric Vehicle Market

Ferrari unveiled its first fully electric car, the Elettrica, boasting over 1,000 hp, four in-house-developed electric motors, a 0-100...

Zuckerberg Predicts Mobile Phones Will Disappear by 2030

TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people...

ProCredit Launches ProConnect Platform

The platform is the first of its kind in the region, offering firms the ability to present their products...

Switzerland Tops Global Innovation Ranking, China Enters Top 10

China has entered the top 10 for the first time, taking the 10th spot and replacing Germany, which fell...
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