Briska Gora Solar PV Park is a 250MW solar PV power project. It is planned in Ulcinj, Montenegro. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 250 | – | 250 | Permitting | Ulcinj, Montenegro | Elektroprivreda Crne Gore AD Niksic; Fortum; Sterling and Wilson Solar |
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Description
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The project is being developed and currently owned by Elektroprivreda Crne Gore AD Niksic, Fortum and Sterling and Wilson Solar. The company’s ownership stake in the project stands as 49%, 49% and 2% respectively.
Briska Gora Solar PV Park is a ground-mounted solar project which is planned over 6,621,121 square meters.
The project is expected to generate 450,000MWh of electricity. The project cost is expected to be around $224m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2022.
Contractors Involved
Sterling and Wilson Solar is expected to render EPC services for the solar PV power project.
Elektroprivreda Crne Gore AD Niksic, Fortum and Sterling and Wilson are expected to be contracted for rendering of operations & maintenance services for the project.
About Elektroprivreda Crne Gore AD Niksic
Elektroprivreda Crne Gore AD Niksic (Elektroprivreda) is an electric utility service provider that generates, transmits, distributes, and supplies electricity to its consumers across Montenegro. The utility operates hydro and thermal power generation plants. It offers customer services such as power generation and supplying, power outage services, checking bill, bill explanation, electricity pricing, payment options, reporting malfunction, new connection, and energy saving tips. Elektroprivreda also provides e-billing and meter installation services, among others. The utility offers construction and maintenance of electric power facilities. It offers its services to residential, commercial, and industrial customers across Montenegro. EPCG is headquartered in Niksic, Montenegro.
About Fortum
Fortum Corp (Fortum) is a clean energy company that generates, distributes and sells heat and electricity. The company undertakes operation and maintenance of power plants; and offers energy-related services. Fortum’s operational assets include hydropower plants, condensing power plants, wind power plants, nuclear reactors and combined heat and power plants. It generates electricity from hydro, nuclear, natural gas, coal, biofuel, wind, solar, and waste derived fuels, among others. The company also offers district heating, nuclear safety and waste management services. It has operations in Estonia, Finland, Latvia, Poland, Russia, Lithuania, Norway, and Sweden, among others. Fortum is headquartered in Espoo, Finland.
About Sterling and Wilson Solar
Sterling and Wilson Solar Ltd (Sterling and Wilson Solar), a subsidiary of Shapoorji Pallonji & Co Ltd is a provider of solar engineering, procurement, construction (EPC) solutions. It is engaged in the construction of utility-scale, solar rooftop and floating solar systems. The company also provides a wide range of turnkey and balance of system (BoS) solutions for utility-scale and rooftop solar power projects. Sterling and Wilson Solar’s service offerings include operation and maintenance, designing, engineering, procurement, construction and project management. The company serves independent power producers (IPPs) and developers. It has operations in Asia-Pacific, Europe, the Americas, Middle East and Africa. Sterling and Wilson Solar is headquartered in Mumbai, Maharashtra, India.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
