星期五, 七月 10, 2020
Home PV News Velje brdo PV plant tender to start by year-end, could expand to...

Velje brdo PV plant tender to start by year-end, could expand to 300 MW

From: Balkan Green Energy News                      Author: Vladimir Spasić

Montenegro intends to launch a tendering procedure by the end of the year for the construction of a solar power plant in Velje brdo in capital Podgorica. The originally planned capacity of 50 MW could be increased to 150 MW or even 300 MW.

The tendering process for the construction of a solar power plant at the Velje brdo site should be announced by the end of the year, said Nikola Vujović, state secretary at the Ministry of Economy.

He said he anticipates the signing of the contract for the project in the same timeframe.

The coronavirus pandemic has delayed the announcement of the tender, planned for the third quarter of the year

He said that the announcement of the tender and the lease of land for the construction of the solar power plant were planned for the third quarter. The coronavirus pandemic’s impact warranted the delay, Vujović added.

A potential investor has signaled that the location has greater potential than the previously announced 50 MW

The spatial plan for the location of the photovoltaic (PV) facility in Velje brdo envisages an installed capacity of 50 MW, but a potential investor said that the potential of the site is much larger.

The estimated value of the investment was EUR 75 million

Last year a potential investor told the ministry that the locality of Velje brdo has a significantly higher potential for the use of solar energy than the planned 50 MW. The entity claimed that the installed capacity of the PV facility could be from 150 to 300 MW, he said.

Vujović did not name the potential investor.

According to earlier local media reports, Germany’s S&Z Energie Systeme was involved in the initial phase of the project. The estimated value of the investment was EUR 75 million.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Ikea invests more in solar by the day

In 2019, IKEA invested $2.8 billion in green energy, which contributed to the 1 million solar panels it was able to install on 370...

Bidding war continues as Infigen backs Iberdrola’s revised offer

The bidding war for Australia’s largest ASX-listed renewable energy generator has continued as rivals increased their respective offers. On Monday, Philippines-linked investment company UAC...

NTPC seeks to empanel vendors for bulk solar module procurement

NTPC seeks to empanel domestic and international manufacturers for bulk procurement of solar PV modules as it aims to revamp its renewable energy generation...

India sets new record low solar tariff of Rs 2.36/kWh

The recent 2 GW solar auction by Solar Energy Corporation of India (SECI) hit a historic low tariff of Rs 2.36 per kilowatt-hour (kWh)...