Montenegro’s steelworks EPCG Zeljezara Niksic, set up by state-owned power utility EPCG, announced that its first solar power plant is expected to become operational by June. The company has started preparations for the installation of a rooftop solar photovoltaic power plant with capacity of 1.7 MW and is working on the construction of a ground-mounted 5 MW solar park.
“Our intention is to have ten megawatts capacity by the end of the year, which would generate enough funds to sustain our operations,” said Djordje Manojlovic, executive director of EPCG Zeljezara Niksic.
EPCG bought the Zeljezara Niksic steel mill from Turkey’s Toscelik for EUR 20 million under a deal signed in December 2022
