Ivan Asanović, the Director of the Montenegrin Electric Transmission System (CGES), and Enrico Casari, a representative of Alcazar Energy, have signed a contract to connect the…
Browsing: CGES
Shareholders of the Montenegrin Transmission System (CGES) have started receiving their dividend payments, with a net amount of 5.81 cents per share. The dividend disbursement commenced…
The Podgorica-based company Agenos Energy has made significant progress in the development of its Vraćenovići solar power plant by finalizing a connection agreement with the Montenegrin…
The European Bank for Reconstruction and Development (EBRD) has granted a state-backed loan of up to €28 million to Montenegro’s power transmission system (CGES) for upgrading…
Montenegro’s Energy Minister, Saša Mujović, announced that the Montenegrin Electricity Transmission System (CGES) will spearhead efforts to enhance regional cooperation among transmission system operators to bolster…
CGES has announced plans to distribute a dividend of €10 million to its shareholders, sourced from a total profit of €35.7 million earned in the previous…
The Trans-Balkan electrical power corridor represents a significant stride toward regional energy integration and provides a foundation for further development of renewable energy sources. The Lastva…
The draft loan agreement between Montenegrin Transmission System (CGES) and the European Bank for Reconstruction and Development (EBRD), proposing a state guarantee of 28 million euros…
Montenegro’s Electricity Exchange (BELEN) was founded in 2017 and has primarily functioned as a wholesale marketplace for electricity trading, indirectly influencing consumer prices paid by households,…
If the Montenegrin Parliament passes amendments to the Energy Law, currently under review, it will resolve the issue of connecting new renewable energy sources to the…
