- EPCG has unveiled Solari 5000+ as its new rooftop solar scheme for residential and business consumers
- The €70 million scheme targets the deployment of 70 MW solar PV capacity
- Qualifying projects selected in the mid-December 2022 auction, will be eligible to receive 20% subsidy
Montenegro’s state utility Elektroprivreda Crne Gore (EPCG) has announced a new rooftop solar scheme called Solari 5000+ to target 70 MW capacity for which subsidy will be offered to 5,000 rooftop PV projects selected through competitive procurement.
The estimated value of this scheme is €70 million, and the state utility said it will provide 20% subsidy to eligible consumers who will be selected through an auction process to be launched in mid-December 2022.
It will be open to households and businesses, housing associations, and owners of residential units in smaller residential buildings of up to 4 floors. Solar projects will be installed by EPCG for the qualifying consumers. Power generated by such systems can be used by prosumers who can sell excess electricity to the grid.
Solari 5000+ follows the success of previous similar projects namely Solari 3000+ and Solari 500+ for which EPCG says it received applications from more than 14,0000 consumers (see Montenegro Tender For Solar Power Products).
In September 2022, the utility said it had so far installed close to 2 MW solar power capacity translating into over 5,000 panels under Solari 3000+ and Solari 500+ schemes.
In March 2022, the European Bank for Reconstruction and Development (EBRD) said it will support Montenegro launch a program for competitive renewable energy procurement (see Montenegro Planning To Hold RE Auctions).