Germany’s Wpd Aiming to Crack Montenegro’s Wind Power Market

Germany’s wpd is aiming to develop a project for a 50 megawatt (MW) wind power plant (WPP) in Montenegro that may well beat to the launch competitors that have a head start, the chief of project development at wpd said.

"Montenegro started to attracted interest in the wind power arena with two projects - Krnovo and Mozura, and these are still the only two projects that could be built as they have passed through the mandatory process for the award of a public concession,” Andreas Chollet told SeeNews in a phone interview.

Wpd already had a toehold in the Southeast European (SEE) region – having deployed a combined 58 MW of wind capacity at three locations in Croatia, when Montenegro - which has no installed wind power capacity - announced the public tender for the development of the Krnovo and Mozura WPPs.

Although the company eventually opted not to bid for these two projects, Chollet said a decision was made to look into the market which had attractive features like an option for a 12-year power purchase agreement.

Source: SeeNews