Montenegro Says 15 Foreign Investors Eye Wind Farm Opportunities at Mozura/Krnovo

The ministry had invited local and foreign investors with expertise in renewable energy, and wind power in particular, to notify their interest in deploying wind power generation facilities in the two locations, the ministry said in a statement posted on its website on Monday.

The following companies filed letters of interest before the October 30 deadline (as given by source): Suzlon wind Energy A/S (Denmark); ABN Wind Energy S.r.l. (Italy); Lugano L.t.d. (Italy); Koncar – Obnovljivi izvori (Croatia); NTE Energy Development (Norway); Eduinter (Spain); Energopromimport (Russia); Wpd Think Energy Gmbh & Co. KG (Italy); Ostwind Group (Germany); Holrom Renewable Energy (Romania); AGSM (Italy); Terna Energy SA (Greece); WIND POWER SH.A Company (Serbia); Balkan Renewable Energy Development (Denmark) and EPS (U.S.).

The ministry did not say if the government plans to launch a wind farm tender.

In September, local media reported that the two locations have the potential to host power facilities with a combined capacity of 200 megawatts with investment costs estimated at 1.2 million euro ($1.76 million) per megawatt.

($=0.6825 euro)