Spain’s Fersa Energias Renovables To Build 65 Mln Euro Wind Farm in Montenegro – Media

PODGORICA (Montenegro), May 28 (SeeNews) – Montenegro hired Spanish company Fersa Energias Renovables to build the country’s first wind farm, worth 65 million euro ($80 million), local media reported.

The 46 megawatt farm will consist of 23 generators of 2.0 megawatts each, Economy Minister Branko Vujovic said on Thursday as quoted by TV radio broadcaster RTCG (www.rtcg.me).

Fersa in a tie-in with Montenegrin firm Celebic will build the wind farm in two years. The consortium filed the sole bid for the project in March.

Vujovic said the investor is granted a 20-year concession on the farm and will have to take under lease an area of half a million square metres to build it. The farm will be located in the Mozura area close to the Adriatic coast.

Montenegro plans to build a second wind farm of 50 megawatts in the Krnovo area, in the central municipality of Niksic. It is in talks with a consortium of Vienna-based Ivicom Consulting and Mitsubishi Heavy Industries on the project, as a contract is expected to be signed by June 1. The tie-in has offered to build the farm, with an option for a further capacity increase by 22 MW, spending on the whole project between 70 and 90 million euro.

($=0.8108 euro)

Choose your newsletter by Renewables Now. Join for free!