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📍 Podgorica, July 11, 2025 — Montenegro has initiated its first-ever renewable energy auction, offering 250 MW of solar power generation capacity, in a landmark move to accelerate its clean energy transition. The auction, led by the Ministry of Energy and Mining and supported by the European Bank for Reconstruction and Development (EBRD), marks a pivotal shift toward a market-based renewable energy sector.
🗂️ Auction Details
- Technology focus: Solar power only
- Minimum project size: 400 kW
- Maximum bid price: €65/MWh
- Contract type: 12-year contracts for difference (CfD)
- Bid deadline: November 10, 2025
🌍 Policy and Legislative Framework The auction follows the adoption of Montenegro’s Renewable Energy Sources (RES) Law, developed with EBRD technical assistance and aligned with the EU Renewable Energy Directive (RED II). Secondary legislation and a forthcoming three-year auction plan further support Montenegro’s EU Reform and Growth Agenda.
💬 Leadership Commentary
- Remon Zakaria, EBRD Head of Montenegro:
“Montenegro now has a solid framework to accelerate solar and wind development in line with its climate goals.” - Admir Šahmanović, Minister of Mining and Energy:
“This strategic move unlocks our solar and wind potential, reduces energy costs, and strengthens energy security.” - Johann Sattler, EU Ambassador to Montenegro:
“This auction aligns Montenegro with EU green transition goals and sets a precedent for impactful reform.”
📈 Broader Impact The auction is part of the EBRD’s Renewable Energy Market Accelerator (REMA), which supports 17 countries and has facilitated over 8,500 MW of awarded capacity to date. Montenegro aims to meet 50% of final energy consumption and 70% of electricity production from renewables by 2030.
For full documentation and tender details, visit the Ministry of Energy and Mining’s official site.
