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Tuesday, May 28, 2024
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Company Čevo Solar granted license for energy production in Montenegro

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The Regulatory Agency for Energy and Regulated Municipal Services (REGAGEN) has granted a license to the company Čevo Solar, based in Podgorica, allowing them to engage in the production of electrical energy.

This license is valid for a duration of 10 years, expiring on April 10, 2034.

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The license holder must submit a request for a new license 60 days prior to the expiration date if they intend to continue the same activity beyond the current license period – as stated in the regulations.

It’s worth noting that last December, this company inaugurated Montenegro’s first ground solar power plant in Čevo.

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The Čevo Solar Power Plant boasts an impressive installed capacity of 4.4 MW and occupies a vast area of 70,000 square meters. Annually, it is expected to generate 6,064,522 kilowatt-hours (kWh) of electrical energy. The scale of the project is evident in its extensive infrastructure, comprising a remarkable 8,112 solar panels, each with a capacity of 545 Wp, as disclosed by the company.

Additionally, 26 inverters with individual capacities of 125 kW were installed, resulting in a combined output power of 3.25 MW. A new connecting substation of 0.8/35 kV has been erected as part of the project.

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