4 FAQs about Prices of solar panels in Montenegro

How much does a solar auction cost in Montenegro?

Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity. The auction is scheduled to take place later this year. Image: Bojana Cupic, Vlada Crne Gore

Does Montenegro need solar power?

In effect, Montenegro has ensured that the benefits of solar power – lower energy costs, protection from market volatility, and environmental gains – are available to those who need them most, but not only to affluent early adopters.

Is Montenegro a leader in rooftop solar energy?

In recent years, Montenegro, a small country on the Adriatic coast, has become an unexpected leader in rooftop solar energy. With more than 2,000 hours of sunshine per year, the country's natural potential has always been evident, but innovative policy design has truly driven adoption.

Is Montenegro a prosumer country?

Almost 70 MWp of rooftop solar capacity has been installed, making Montenegro a regional frontrunner in prosumer deployment. However, instead of leaving solar energy to wealthier households able to afford panels, Montenegro created a financing model that requires no upfront payments.

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