Search Results for Montenegro
Modernization of Montenegro’s Power Grid with EBRD Support
The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid.…
Forests vs. Coal – What Are Montenegro’s Climate Challenges?
The recent Country Climate and Development Report – Montenegro, published by the World Bank, examines the country’s path toward achieving climate goals, emphasizing the need for strategic investments and the implementation of effective policies. Like other Western Balkan countries, Montenegro…
Montenegro – Construction of the “Gvozd” Wind Farm Begins
The construction of the “Gvozd” wind farm has officially started in Montenegro, marking the first major production facility that Elektroprivreda Crne Gore (EPCG) is building after more than 40 years. The project, initiated in 2019, is valued at 82 million…
Montenegro: New Law on the Use of Energy from Renewable Sources
On 17 August 2024, Assembly of the Republic of Montenegro adopted the Law on the Use of Energy from Renewable Sources, which was published in the Official Gazette of Montenegro, issue no. 082/24 (hereinafter: the “Law”). The first law of…
Montenegro Adopts Law on the Use of Renewable Energy Sources
Montenegro has adopted the Law on the Use of Renewable Energy Sources, marking a significant step towards improving the sustainability of its energy sector. This first such law in the country introduces a new framework for encouraging investments in the…
By Marking Trees, Montenegro Prevents the Illegal Cutting of Forests
With innovative equipment for digitizing the monitoring of forest areas, Montenegro will prevent illegal logging. The Near Field Communication (NFC) is a technology that enables communication between devices located close to each other and has a wide application. In Montenegro,…
EKO FOND—SUPPORT FOR THE DEVELOPMENT OF ELECTROMOBILITY IN MONTENEGRO
The development of electromobility in Montenegro has been on an upward trajectory in the last few years. There are more and more electric and hybrid vehicles on the streets, and subsidies from the Eko fond (Environmental Protection Fund) contribute to…