Montenegro has authorised the first phase of the 88 MW Korita wind farm near Bijelo Polje, advancing a renewable-energy investment valued at approximately €132 million. The project targets commercial operation in 2030 and represents a significant addition to the country’s wind-energy development pipeline.
Construction Permit Advances Project Development
The construction permit was issued to Vjetro Park Korita after an earlier application had been rejected, clearing a regulatory obstacle for the project.
The planned development includes 11 wind turbines, associated infrastructure and a 35/400 kV substation. The project has also secured a grid-connection agreement with transmission system operator CGES, establishing a framework for connecting future electricity generation to Montenegro’s high-voltage network.
Investment and Regional Economic Impact
Korita is among the larger privately developed wind-energy projects planned for northern Montenegro. Its development complements the Gvozd and Bijela wind projects, as well as a broader pipeline of planned solar installations. Construction could generate demand for civil works, turbine installation, electrical equipment, substations, access roads, grid infrastructure and engineering services.
The investment also supports Montenegro’s regional-development objectives by potentially directing construction expenditure and infrastructure improvements towards municipalities outside the coastal region and Podgorica.
Financing and Construction Requirements
Although the project has obtained its construction permit, financial close has not been confirmed, and full construction has not been established as having started. The developer must still secure financing, arrange equipment procurement and conclude construction contracts while meeting applicable grid-connection and environmental requirements.
Grid Capacity and Renewable Energy Integration
Montenegro’s renewable-energy pipeline is progressing towards permitting and construction readiness, increasing the importance of transmission capacity, electricity balancing and energy storage. Large wind projects such as Korita can strengthen domestic electricity generation and export potential, provided that transmission network upgrades keep pace with additional generating capacity.
