Montenegro has initiated a 250 MW solar auction, targeting projects with installed capacities ranging from 50 MW to 100 MW. The country has pre-selected seven out of 12 submitted projects for the final stage, signifying a major step in its renewable energy transition. This initiative aligns with global trends, as seen in India’s significant solar power growth through government initiatives. For more insights on solar energy developments, see resources like PV Know How.
Montenegro Solar Auction: Eligibility and Selection
Montenegro received 12 proposals from both national and international companies and pre-selected seven projects totaling 250 MW for the final bidding stage. The auction is designed for projects with individual capacities between 50 MW and 100 MW. Crucially, eligible projects must connect to the transmission network and cannot have previously benefited from state aid, ensuring a level playing field for investors.
The selected projects include three from EPCG Solar (subsidiaries of Montenegro’s state-owned power company, EPCG): a 100 MW plant by EPCG Solar 3, a 70 MW plant by EPCG Solar 1, and a 50 MW facility by EPCG Solar 2. The remaining projects comprise a 50 MW facility by JML Energie Projects, a 50 MW plant by Slovenia’s Resalta, a 50 MW facility by Montenegro’s Elektrounion, and a 50 MW plant by Elektrosolar Montenegro. This diverse group of companies highlights the international interest in Montenegro’s solar sector.
Montenegro Solar Auction: Details and Participation
The 250 MW auction aims to boost the proportion of renewable energy in Montenegro’s energy mix. Open to both domestic and foreign investors, the auction fosters competition and innovation within the renewable energy sector. The pre-selection criteria, such as grid connection requirements and state aid restrictions, ensure the chosen projects align with Montenegro’s broader energy transition objectives. This approach reflects similar strategies used globally to promote sustainable energy development.
Montenegro Solar Auction: Deadlines and Implementation
The submission deadline for the auction was October 8, 2024. The Montenegrin government has mandated a maximum implementation period of 36 months for the construction and commissioning of the winning projects. This ambitious timeline underscores the government’s commitment to rapidly expanding renewable energy infrastructure. The anticipated completion of these projects within three years will significantly contribute to Montenegro’s renewable energy targets and reduce reliance on fossil fuels.
Montenegro Solar Auction: Current Capacity and Future Plans
At the close of 2023, Montenegro’s total installed solar capacity stood at 22 MW, according to the International Renewable Energy Agency (IRENA). The 250 MW influx from this auction represents a substantial increase, drastically altering the country’s energy landscape. This expansion will be instrumental in achieving Montenegro’s renewable energy goals and furthering its transition to a more sustainable energy future. For more information on solar project developments, you can refer to articles like Rudine Solar Project Secures Grid Connection.
