Investments in Renewable Energy Projects

Investments in Renewable Energy Projects

Besides projects for construction of windfarms Brajici and Gvozd and solar power plant near Ulcinj that are currently underway, no other renewable projects have been officially announced. However, due to recent decision of the Montenegrin Government not to invest in construction of the second block of thermal power plant Pljevlja, further investments in the renewable energy sector may be expected before 2030. One of the potential projects is construction of a solar power plant near Podgorica.

Besides projects for construction of windfarms Brajici and Gvozd and solar power plant near Ulcinj that are currently underway, no other renewable projects have been officially announced. However, due to recent decision of the Montenegrin Government not to invest in construction of the second block of thermal power plant Pljevlja, further investments in the renewable energy sector may be expected before 2030. One of the potential projects is construction of a solar power plant near Podgorica.