Ivicom Holding developing new wind farm in Montenegro

Ivicom Holding developing new wind farm in Montenegro

Published at: 2019-10-23 09:51 | Author: CIJ Serbia
Construction is set to break ground on a new wind farm in central Montenegro in 2021. The Gvozd wind farm is expected to power around 25,000 households. Austria’s Ivicom Holding is backing the project. The Gvozd wind farm will go up in five phases and will be connected with the existing Krnovo wind farm, which was also developed by Ivicom in partnership with Akuo Energy. It will have an estimated annual production of 145 GWh. the investment is valued between €60m and €70m.

Similar Stories:

In north Serbia new windfarm to be build
Maestrale Ring, a Belgrade-based company, will build a major wind turbine facility in nort  »
Largest solar power plant in Europe going up in Montenegro
The largest solar power plant in Europe is currently under construction in Birska Gora nea  »
Hungary to continue cooperation with Gazprom
Gazprom will continue to supply gas to Hungary, according to Minister of Foreign Affairs a  »
MB Holding opens geothermal power plant in central Croatia
MB Holding opened a geothermal power plant in Ciglena near Bjelovar. The Turkish company i  »
Energoprojekt as investor is obliged to build a 40,000 sqm railway station, which includes   »