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The project will focus on upgrading and expanding the 225/110 kV Perucica substation and replacing two outdated transformers at the Pljevlja substation.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
-
Tokyo plans world’s biggest floating offshore wind farm of 1 GW
7 May 2026
-
Abu Dhabi selects consortium for 2.5GW Taweelah C IPP
6 May 2026
-
UAE and Saudi firms plan data centre projects in Saudi Arabia
2 May 2026
-
GE Vernova secures order to modernize key power plants in Egypt
2 May 2026
-
Kuwait awarded $371.5 million Doha SWRO Plant contract to WABAG–HEISCO JV
30 April 2026
-
Saudi Arabia opens qualification for battery storage projects
28 April 2026


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