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Government of Montenegro has given the go ahead for two major solar power projects. The first is a 240 MW solar power plant in Nikšić, and the other is for

Montenegro's transmission system operator, CGES, has signed an agreement with MEnergy to connect a planned 385 MW solar power plant to the grid. MEnergy will build the solar power plant at Ubli, Bogetić and Broćanac. The contract was signed by CGES CEO Ivan Asanović and MEnergy CEO Nikola Špadijer. CGES has also received a significant number of requests for connection and its five-year plan envisages investments in the network of EUR 195 million. MEnergy is owned by Aleksandar Špadijer and Dejan Kotri. To further support the growth of solar energy in Montenegro, the government has lowered VAT on solar panels to 7%, streamlined the procedure for the construction of photovoltaic power plants, as well as announced a spike in solar power output for this year. What Are Montenegro's Solar Energy Plans? In 2021, Montenegro plans to produce more than 1000 GWh of electricity from solar energy, which is a 50% increase from 2020. To further incentivize solar energy development, Montenegro has implemented a Feed-in Tariff scheme which requires power utility companies to buy electricity generated from renewable sources. Montenegro is also encouraged foreign investments in solar energy, allowing foreign businesses to both build and operate solar power plants in the country. The Montenegrin government has also implemented several financial support mechanisms, such as tax credits and subsidies, to promote solar energy development in the country. Montenegro has also established a Renewable Energy Fund, which is used to finance the construction of solar plants and other related projects.

in Belgrade in May 2022 to serve as a regional hub for Serbia, Bosnia and Montenegro. Currently, Hive has land secured for three projects in Serbia with a total

Beyond Romania, it has developments in Serbia, Bulgaria, Albania, Moldova, Montenegro, Ukraine as well as Bosnia as well as

Croatia, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Serbia, Slovak Republic and also Slovenia. Taaleri

project in the countru. Big scale-investments are being made in Serbia, Montenegro, North Macedonia, Romania as well as Greece. Popular companies such as

The federal government of Montenegro in a session on Monday gave the green light to a local firm to begin a detailed development of a 150-MW solar photovoltaic or pv (PV) project in the southerly part of the Balkan country.

project as well as technological designs were submitted to the Government of Montenegro since EPCG's suggestion is to safeguard financing from the European Union's

renewable energy market. Bosnia and Herzegovina, North Macedonia, Kosovo, Montenegro and Serbia still largely rely on lignite coal generating capacity, which

currently dealing with introducing eco-friendly auctions in Serbia, Kosovo and

plant. Private and also state-owned utilities in Greece, Romania as well as Montenegro are also making the initial steps to make use of the new innovation. Slovenia

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