The Electric Power Industry of Montenegro (EPCG) is taking a major step in its green transformation by building the country’s largest solar power facility, Velje Brdo. With a planned capacity of 200 MW, this landmark project is set to launch a new era of renewable energy in Montenegro, powering an estimated 35,000 households once completed in 2026.
The Velje Brdo Solar Power Project
EPCG has unveiled plans to develop Velje Brdo, located about 20 kilometers from the capital, Podgorica. This monumental project, the largest solar power plant planned for the nation, is a cornerstone of Montenegro’s commitment to renewable energy. The company is preparing to issue a public call for contractors and has already secured the necessary concession to move forward.
Financing Solar and Wind Initiatives
With an estimated cost of €150 million, EPCG plans to finance the Velje Brdo solar power plant through loans. The selection process for contractors is underway, with proposals being carefully analyzed to ensure the project’s success. Alongside this solar venture, EPCG is also developing a 50 MW wind farm on the coast, which is expected to be completed by the end of 2025. Together, these initiatives represent a strategic push to strengthen Montenegro’s renewable energy landscape.
EPCG’s Broader Renewable Energy Portfolio
EPCG’s commitment to renewable energy is clear from its diverse portfolio. In addition to Velje Brdo, the company is developing the Briska Gora solar power plant with a 50 MW capacity and a smaller 1.9 MW project in Pljevljima. Looking ahead, EPCG is also exploring a 100 MW solar project at the Vrtac reservoir, which, if realized, would further bolster Montenegro’s renewable capacity.
Beyond solar, EPCG is diversifying its renewable energy efforts. In collaboration with potential partners from Germany and Croatia, the company is considering the development of a 50 MW biogas power plant. This initiative would enrich Montenegro’s energy mix and reduce its dependence on fossil fuels.
Energy Storage to Support the Renewable Grid
The Montenegrin government is also planning to build a 200 MW energy storage system to support its growing renewable grid. This system will store energy from wind and solar plants, ensuring a reliable electricity supply even when their output is low. Expected to be operational by 2027, the project will be one of the largest in the region, highlighting Montenegro’s commitment to a sustainable energy future.
These combined efforts mark a transformative step for Montenegro in its transition to renewable energy. By investing in solar, wind, biogas, and energy storage, the country is poised to reduce its carbon footprint and enhance its energy independence. EPCG’s solar projects, particularly Velje Brdo, will be key to shaping Montenegro’s renewable energy trajectory. With a clear focus on sustainable development, Montenegro is establishing itself as a leader in the region’s energy transition.
