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| Pljevljam, Montenegro Biomass CHP Plant Financed | The EBRD is helping to improve the energy efficiency of district heating systems in Montenegro with a €4 million loan sovereign loan to finance the construction of a new district heating system based on biomass in Pljevlja, in the north-western part of the country. | |
| Development Banks Involved in Hydropower Projects |
The involvement of multi-national banking institutions is critical to the completion and modernization of hydroelectric projects, particularly in the developing world. This article details nearly US$16 billion in funding recently awarded for work at more than 50 projects.
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| Russia Interested in Developing Hydro in Montenegro | Russian Minister for Civil Defence, Emergencies and Disaster Relief Sergey Shoigu remarked that Montenegro has big hydro-energetic potential and only 16 or 17% of it has been used to date. Therefore, leading Russian energy companies are very interested in investing in the construction of small hydro plants and the energy sector in general. If these projects are implemented, Montenegro may become the region’s leading power exporter, Minister Shoigu highlighted. | |
| Financing for Solar Water Heating in Montenegro | The Ministry of Economy has started a new project to offer interest-free loans to Montenegrins for the purpose of buying solar water heating systems. These systems will reduce power consumption, saving the buyer money and also reducing Montenegro’s dependence on imported electricity. | |
| Enel Looks at Balkan Hydropower | Serbia, Montenegro and Macedonia will use small-hydro to meet their growing electricity needs and rebalance their energy systems that suffer from decades of political unrest. | |
| Montenegro: Companies Eager to Build HPPS | Montenegro has lined up 15 European companies keen to build hydro power plants to ease shortages and cut electricity imports, its deputy economics minister told Reuters. | |
| Montenegro Hydro Concessions Draw Strong Interest | Fifteen companies have expressed interest in building a series of small hydro-power plants on Montenegro's eight rivers to help reduce the country's reliance on imports, a government official said. | |
| Montenegro Invites Participation in Small HPPs | Montenegro said it invited letters of interest for concessions for the construction and exploitation of small hydropower plants in eight locations. | |
| Article: Wind in the Balkan Region | The Former Republics of Yugoslavia (FRYs) are in a nascent stage with respect to developing their wind energy industries, but they promise some interesting opportunities in the coming three to five years. | |
| Montenegro Licensed Kol Energy to Build HPP | Montenegro said it licensed Slovak-Montenegrin firm Kol Energy to build several small hydropower plants with a combined installed capacity of 624 kilowatts. | |
| IFC to Invest €25M in Green for Growth Fund Southeast Europe | IFC, a member of the World Bank Group , will invest up to €25 million in the Green for Growth Fund Southeast Europe to stimulate financing of sustainable energy projects within the region. The fund will have a significant developmental impact in promoting energy efficiency and renewable energy and expanding lending to households, small and medium enterprises, renewable energy projects, energy service companies, and municipalities. Its investments initially are targeted to Albania, Bosnia and Herzegovina, Croatia, Kosovo, FYR Macedonia, Montenegro, Serbia, and Turkey. | |
| Montenegro Plans Tender for 10 New Hydro-Power, Wind Power Plants | The Montenegrin government will announce in September the tender for the construction of at least ten new small hydropower plants on rivers and other watercourses in the north of Montenegro, said Minister of Economy Branko Vujovic. | |
| Montenegro to Tender Bids for 4 Hydro Plants | Montenegro will invite companies to bid for construction of four hydropower plants with a combined capacity of 242 megawatts to reduce dependency on electricity imports, a government official said on Wednesday. In a pre-tender procedure that will begin at the end of January or in early February, companies will be given three months to express their interest in a project, Nikola Jablan of the economy ministry said. | |
| Southeast Europe Energy Efficiency Fund Created | A new fund has been set to support energy efficiency and renewable energy projects and reduce carbon emissions in the Balkans and Turkey.
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| Bank Seeks Geological Study of Montenegro Hydro Site | IFC signed an advisory mandate with the government of Montenegro for development of hydropower plants on the Moraca River under a public private partnership ... | |