Montenegro has officially commissioned the Gvozd wind farm, marking the start of operations at one of the country’s most important modern energy investments and a key milestone in its renewable energy transition.
Located near Nikšić, the facility is now the largest wind power plant in Montenegro. The project is expected to generate around 150 GWh of electricity annually, enough to supply approximately 25,000 households, significantly strengthening domestic clean energy production.
The development required an investment of €82 million and was financed through a loan provided by the European Bank for Reconstruction and Development (EBRD). The wind farm was constructed by German turbine manufacturer Nordex, which delivered and installed the project infrastructure.
Prime Minister Milojko Spajić stated that the wind farm will operate fully under market-based principles through the state-owned utility EPCG, emphasizing that electricity consumers will not bear additional subsidy costs linked to the project. He also highlighted that energy sector investments remain a central pillar of Montenegro’s development strategy and noted that the new facility will contribute to reducing harmful emissions.
Minister of Energy and Mining Admir Šahmanović described the commissioning of the Gvozd wind farm as more than the launch of a single power plant, calling it a turning point in Montenegro’s energy transition. He stressed that the project represents the country’s first major state-backed renewable energy investment and reflects a long-term strategy focused on cleaner generation, improved energy stability, and strengthening the domestic power sector.
