Ivan Asanović and Predrag Prentić (photo: CGES)
Published
March 10, 2026
Country
Montenegro
Author
Vladimir Spasić
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Published:
March 10, 2026
Country:
Montenegro
Author
Vladimir Spasić
Comments:
0
Print
Share
The contract represents the eighth such deal agreed with investors by Montenegro’s TSO CGES.
Another significant agreement in the field of renewable energy development has been signed – an agreement for the construction of infrastructure for connecting the Tupan solar power plant to the grid, CGES said.
The agreement was inked by Ivan Asanović, CEO of CGES, and Predrag Prentić, a representative of the company S2P Electric GMBH Rümlang from Switzerland. The event was attended by Dragan Perunović, Director of the Development and Investment Sector at CGES.
The contract defines technical and operational conditions for grid connection
The document defines technical and operational conditions for the connection of the future facility to the high-voltage network, creating the preconditions for its future operation within the power system, according to the TSO.
The Tupan solar power plant, with a capacity of 70 MW, will contribute to strengthening domestic electricity production from renewables, increasing energy security, and further diversifying the energy system, CGES stressed.
Of note, back in October 2021, S2P Electric inked a contract on its solar power project with the Institute of Mining and Metallurgy Bor and Netinvest from Belgrade.
S2P Electric is owned by SS&A Power Group, which in October 2025 signed a memorandum of understanding on thermal energy storage with Montenegro’s state-owned power utility Elektroprivreda Crne Gore (EPCG). The firm also finished a feasibility study for gas power plants in Montenegro.
CGES signed the first agreement for the construction of infrastructure for connecting renewable power plants tot he grid in June 2023, and the most recent one in February 2025. They envisage the construction of solar power plants and a wind farm with a total capacity of nearly 1,500 MW.
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