Montenegro: Solar Power granted building permit for 150 MW solar park
5 March 2024The Podgorica-based companySolar Poweris the first and currently the only company in Montenegro that has met all the requirements set by the state for the construction of a solar power plant, resulting in the issuance of a building permit.
This company has recognized the potential of Montenegro in the production of electricity from renewable sources and will build the Čevo solar power plant with a total capacity of 150 MW in Cetinje.
For the realization of this investment, the state has issued urban-technical conditions to Solar Power, and they have also obtained approval for the Environmental Impact Assessment Study. Another significant aspect is the agreement for connection to the power transmission network, which has been signed with the Montenegrin Transmission System (CGES).
It is worth noting that the investor has completed the entire solar power plant project up to the approval point in just over a year and a half.
The Čevo solar power plant will be built on a total land area of 1.3 million m2.
The construction of the solar power plant will begin this year, with completion expected by the end of 2026.
Related
-
Wabtec secures $405m Kazakhstan locomotive deal
2 November 2024
-
ICG enters South Korean renewables market with stake in Revent Energy
2 November 2024
-
SCG to invest $700 mln more in petrochemicals complex in Vietnam
1 November 2024
-
Saudi Binladin to receive $6bn loan
1 November 2024
-
Neom to tender hydropower contract
31 October 2024
-
Thiess-Khishig Arvin Joint Venture secures three-year mining services contract in Mongolia
31 October 2024