Montenegro is targeting spring 2027 for the start of operations of the 21 MW Gvozd II wind farm. The project is expected to expand state utility EPCG’s existing Gvozd wind complex to 76 MW. Construction is accelerating as the development moves into physical delivery.
Gvozd II will add three Nordex turbines to the operating 55 MW Gvozd I wind farm. The combined output from the two phases is expected to exceed 200 GWh/year. The expansion is forecast to generate about 63 GWh annually.
Investment and generation impact from the two-phase build-out
EPCG estimates total investment in the two phases at around €105 million. The milestone is tied to Montenegro’s broader renewable pipeline, which includes a large number of planned projects but relatively few already producing electricity. Against that backdrop, Gvozd is positioned as a test case for converting plans into operating assets.
The additional wind generation is expected to diversify a power mix that remains heavily dependent on hydro and the Pljevlja coal plant. Wind output can also complement Montenegro’s expanding solar fleet, with production less concentrated in midday hours. This shift affects how variable generation contributes across different parts of the day.
Grid integration considerations and export infrastructure
The commercial challenge highlighted for the project involves integrating growing variable generation without depressing its market value. Montenegro is already considering measures that include storage and additional export infrastructure. Plans include a second electricity cable towards Italy.
While Gvozd II is not expected to transform Montenegro’s national power balance on its own, it reflects an approach focused on building an expandable renewable portfolio. The development also indicates continued reliance on EPCG’s ability to scale beyond single deployments rather than limiting activity to one-off projects.










