Montenegro secures €950,000 grant for power grid modernization and renewable energy integration
26 November 2024
Montenegrin electricity transmission system operator CGES has signed a €950,000 technical grant agreement with the French Development Agency (AFD) and French utility company RTE International (RTEi). The grant aims to modernize the country’s electricity infrastructure and facilitate the integration of renewable energy sources into the grid.
The project will focus on upgrading and expanding the 225/110 kV Perucica substation and replacing two outdated transformers at the Pljevlja substation. These substations are crucial for the stability of Montenegro’s national electricity grid, and the upgrades will enhance its capacity to support new renewable energy installations, while also reducing transmission losses.
This initiative aligns with Montenegro’s commitment to achieving carbon neutrality by 2050. In addition to the infrastructure improvements, the grant will fund studies to implement digital solutions and improve grid management and monitoring. The project is financed by AFD, with RTEi providing the necessary technical expertise.
Related
-
Ahold Delhaize and Rezolv Energy sign ten-year virtual PPA
7 November 2026
-
Ignitis starts operations at 173.6MW Tume solar farm in Latvia
7 November 2026
-
Alternergy Energizes 64 MW Alabat Wind Farm in the Philippines Ahead of Amihan Season
6 November 2026
-
Exergy to supply 33-MWe Maren Maras geothermal power plant in Aydin, Türkiye
6 November 2026
-
$1.39bn Ruwais Terminal Ammonia Financing Advances Two Major Construction Projects in Abu Dhabi
6 November 2026
-
Fluor to proceed with Sierra Gorda grinding line project in Chile
5 November 2026


京公网安备
11010802030424号
京ICP备19046776号-2