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 euros, and the wind farm is expected to be connected to the country’s power grid by the end of next year.
The installed capacity of the wind farm will be 54.6 MW, with an anticipated annual electricity production of approximately 150 GWh.
The construction will be carried out in phases and will include eight wind turbines with accompanying infrastructure, the construction of a 33/110 kV “Gvozd” transformer station (TS) at the project site, a 110 kV single-circuit transmission line between TS Gvozd and TS Krnovo, 3,125 meters in length, and another 110 kV single-circuit transmission line between TS Gvozd and TS Nikšić, 14,730 meters long. The project also entails the reconstruction of TS 33/110 kV “Krnovo” and TS 35/110 kV “Nikšić.”
According to Milutin Đukanović, President of the EPCG Board of Directors, a parallel project, “Gvozd II,” is being developed, with an installed capacity of 20 MW. Together, these projects will meet the energy needs of approximately 25,000 households. Moreover, the project is expected to reduce greenhouse gas emissions by about 104,000 tons, equivalent to the emissions of 62,000 cars.
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“The construction of the ‘Gvozd’ wind farm and the necessary power infrastructure for grid connection will be entirely financed through loans. With an appropriate grace period during the construction phase, the project will essentially pay for itself,” EPCG stated on its official website.
The German company Nordex SE & Co. KG has been selected as the partner for the construction of the wind farm.
Đukanović emphasized that EPCG’s business philosophy is “produce where you consume,” a principle that is key to the green transition. He also noted that with the completion of the “Solar 5000+” project by July 1 next year, Montenegro will have 100 MW of solar rooftop installations.
Energy portal