The Gvozd wind farm has been officially commissioned in Montenegro, marking a significant advancement in the country’s renewable energy landscape. This facility, located near Nikšić, is now recognized as the largest wind power plant in Montenegro, underscoring the nation’s commitment to enhancing its energy transition.
With an expected annual output of approximately 150 GWh, the wind farm is poised to provide electricity to around 25,000 households. This development is anticipated to play a crucial role in bolstering domestic clean energy production and reducing reliance on fossil fuels.
The project involved a total investment of €82 million, financed through a loan from the European Bank for Reconstruction and Development (EBRD). The construction was carried out by German turbine manufacturer Nordex, which was responsible for delivering and installing the necessary infrastructure for the wind farm.
Prime Minister Milojko Spajić emphasized that the Gvozd wind farm will operate under market-based principles, managed by the state-owned utility EPCG. He assured that there would be no additional subsidy costs for electricity consumers associated with this project. Spajić reiterated that investments in the energy sector are vital to Montenegro’s development strategy, highlighting the facility’s role in decreasing harmful emissions.
Minister of Energy and Mining Admir Šahmanović characterized the commissioning of this wind farm as a pivotal moment in Montenegro’s energy transition. He noted that it represents the first major state-backed investment in renewable energy, reflecting a long-term vision aimed at cleaner energy generation, enhanced stability in energy supply, and fortifying the national power sector.
