Montenegro solar panel prices

How much does a solar project cost in Montenegro?

The maximum price to compete for is EUR 65 per MWh and the contracts will last 12 years. The Government of Montenegro adopted the decisions and directives necessary for issuing a public call to auction for solar power projects of at least 400 kW. The lowest bids will win, and the maximum price is EUR 65 per MWh.

How much does a solar auction cost in Montenegro?

Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity. The auction is scheduled to take place later this year. Image: Bojana Cupic, Vlada Crne Gore

Does Montenegro need solar power?

In effect, Montenegro has ensured that the benefits of solar power – lower energy costs, protection from market volatility, and environmental gains – are available to those who need them most, but not only to affluent early adopters.

Is Montenegro a leader in rooftop solar energy?

In recent years, Montenegro, a small country on the Adriatic coast, has become an unexpected leader in rooftop solar energy. With more than 2,000 hours of sunshine per year, the country’s natural potential has always been evident, but innovative policy design has truly driven adoption.