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Wind farm without incentives planned in Montengro

Montenegrin state-owned utility Elektroprivreda Crne Gore (EPCG) and Austrian based Ivicom Holding have signed a memorandum of understanding regarding the 50 MW wind power plant of Gvozd. The project is estimated at approximately €70 million and is intended to operate without requiring feed-in tariffs. Ivicom is already present in Montenegro as it partnered with French Akuo Energy and constructed the 72 MW Krnovo wind farm..

Source: Balkan Green Energy News

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