Montenegro’s EPCG to invest EUR 700 mln in renewable energy
Montenegro’s majority state-owned power utility company EPCG plans to invest a total of EUR 700 million in the construction of renewable energy facilities with a total capacity of 500 megawatts (MW) by 2022, said development and engineering director Ivan Mrvaljević.
“The Briska Gora photovoltaic plant, the Gvozd wind farm and the Komarnica hydropower plant will have a total capacity of about 500 MW,” Mrvaljević said in a report on the website of public broadcaster Radio Televizija Crne Gore (RTCG), as cited by Southeast Europe business news portal SeeNews.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.