55 MW Gvozd Wind Farm: Nordex Receives First Order From Montenegro

Hamburg, Germany - The Nordex Group reports a successful market entry in Montenegro. The energy utility EPCG - Elektroprivreda Crne Gore has ordered eight N163/6.X turbines from the Nordex Group. The contract also includes maintenance of the wind turbines over a period of 25 years.

The Delta4000 series turbines are destined for the 55 MW Gvozd wind farm near Nikšić in the west of the country.

Delivery of the eight Nordex turbines will begin in November 2025 and the wind farm is scheduled to go into operation in spring 2026. The turbines will be installed on 113-meter-high tubular steel towers and operated with a rated output of 7 MW.

As things stand today, the Gvozd wind farm will account for more than 30 percent of the wind power capacity installed in Montenegro to date once it is fully constructed.

The project will demonstrate again our active role in supporting our customers to implement their renewable energy projects in the Balkans - after Croatia and Serbia now for the first time also in Montenegro”, says Patxi Landa, Chief Sales Officer of the Nordex Group.

The Nordex share is currently trading at EUR 11.53.

Source: IWR Online, 12 Dec 2024