Montenegro Solar Auction: Stunning 250 MW Power Bid
Montenegro aims to significantly increase its solar capacity, targeting 400 MW by 2030 and 1,000 MW by 2050. In 2023, the country generated 4.5 TWh of electricity, with 1.5 TWh coming
Montenegro aims to significantly increase its solar capacity, targeting 400 MW by 2030 and 1,000 MW by 2050. In 2023, the country generated 4.5 TWh of electricity, with 1.5 TWh coming
Montenegro is charging ahead with its solar ambitions. Backed by the EU, supported by long-term market reforms, and driven by auctions with
The Government of Montenegro adopted the decisions and directives necessary for issuing a public call to auction for solar power projects of at least
Eligible participants include developers of solar plants with a minimum capacity of 400 kW, while the submission deadline closed on 10 November. The ceiling price for bids was set at 65
Calculations show that the installation of solar panels on 3,500 roofs will enable EPCG to sell electricity abroad, at prices much higher than those in the country, which is expected to bring in more than
Almost 70 MWp of rooftop solar capacity has been installed, making Montenegro a regional frontrunner in prosumer deployment. However, instead of
It will entertain solar power plants with a minimum capacity of 400 kW or higher. It has set a ceiling price of €65.00 ($76.11)/MWh for the auction that
It is the first in a planned series of market premium auctions targeting 400 MW of new solar and wind capacity. The government has set a ceiling price
The solar PV project carries an estimated cost of EUR 8.8 million (USD 9.6 million). The Rudnik Uglja board of directors has approved an initial
Montenegro entered this new phase in July 2025 by launching its first solar auction based on competitive bidding. The initial call covered a quota of 250 MW for solar plants above 400 kW,
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