Montenegro’s state-owned power utility, EPCG, plans to invest over €72 million in the HPP Komarnica project by the end of 2028. However, this initiative has faced…
Montenegro’s state-owned power utility, EPCG, is set to launch a tender for the supply, installation, and commissioning of a new turbine at the Perucica hydropower plant…
Montenegro’s state-owned power utility, EPCG, has reported that its coal-fired thermal power plant, TPP Pljevlja, has generated 987.4 GWh of electricity since the beginning of 2024.…
Green Gvozd, a wholly-owned subsidiary of the state-owned power utility EPCG, has shortlisted six international bidders for the consultancy role in the construction of the 55…
The Montenegrin government and power utility EPCG are set to begin construction on the Krusevo hydropower plant on the Piva River, downstream from the existing Mratinje…
Montenegrin state-owned power utility EPCG has signed memorandums of understanding (MoUs) with South Korea’s Hyundai and the US company UGT Renewables (UGTR) to develop renewable energy…
Ivan Bulatovic, CEO of Montenegrin state-owned power utility EPCG, announced that construction of the company’s first wind farm, Gvozd, will commence in October. He also revealed…
Montenegro’s state-owned power utility EPCG and the Investment and Development Fund (IRF) have finalized a €10 million agreement to finance the Solari 5000+ 70MW project. The…
French renewable energy developer Qair and Montenegrin state-owned power utility EPCG have signed a Memorandum of Understanding (MoU) to jointly explore renewable energy opportunities in Montenegro,…
In August 2024, the average electricity bill for households reached €44.22, marking a 1% increase from July (€43.77) and a 17.7% rise compared to August 2023…