Over 80,7 GWh

Project MNE 6 – A Cornerstone in Montenegro’s Renewable Energy Expansion

Executive Summary

Project MNE 6 is a meticulously designed 61 MW solar photovoltaic power facility located in Nikšić, Montenegro. Boasting full land ownership, favorable solar conditions, and direct grid connectivity, this project presents an unparalleled opportunity for investors to engage in Montenegro’s flourishing renewable energy sector. With the country actively advancing its sustainability initiatives, Project MNE 6 is positioned as a critical driver of clean energy development in the region.

Project Overview

• Installed Capacity: 61 MW DC

• Projected Annual Energy Output: 80.7 GWh

• Total Land Area: 558,336 m²

• Land Ownership: Developer-owned

• Altitude: 964 meters, maximizing solar exposure

• Solar Irradiation: 1,651.06 kWh/m²/year

• Grid Connection: 110 kV infrastructure, 12 km from the nearest substation

• Development Phase: Ongoing

Strategic Location & Infrastructure

Strategically positioned in Nikšić, Montenegro’s emerging energy hub, Project MNE 6 is optimally located for high solar yield and seamless grid integration. The site benefits from proximity to high-capacity transmission lines (110 kV, 220 kV, 410 kV), ensuring minimal transmission losses and efficient energy distribution.

The location features asphalt and macadam road access, facilitating smooth logistics during construction and operation. However, water infrastructure development may be necessary to support full operational efficiency.

Investment Rationale

1. Contributing to Montenegro’s Renewable Energy Future

Montenegro is rapidly scaling its renewable energy capacity to meet EU sustainability directives, making this an opportune moment for investment in the country’s solar sector. Project MNE 6 aligns with these initiatives and offers a high-yield, future-proof energy solution.

2. Stable & Predictable Returns

• Developer-owned land, eliminating lease-related risks.

• Long-term Power Purchase Agreement (PPA) potential, ensuring revenue stability and risk mitigation.

3. High-Efficiency Solar Energy Generation

• Photovoltaic efficiency: 1,480.8 kWh/kWp

• Optimized panel tilt: 39° for enhanced energy absorption

• Mild climate conditions: Average annual temperature of 10.8°C, extending equipment lifespan and maintaining performance.

4. Grid & Infrastructure Readiness

• Direct access to Montenegro’s high-capacity power grid, ensuring seamless energy distribution.

• Established road network, supporting streamlined project execution and ongoing operations.

Project Development Milestones

• Feasibility Study: Completed

• Land Acquisition: Secured

• Urban-Technical Conditions: Approved

• Next Steps: Construction permit finalization and site development

Why Invest in Project MNE 6?

Perun Energy is a distinguished player in Montenegro’s renewable energy sector, with a proven ability to navigate regulatory landscapes, engineering challenges, and financial structuring. Project MNE 6 offers investors a low-risk, high-reward opportunity backed by Montenegro’s evolving clean energy policies.

This project stands out due to Montenegro’s increasing demand for solar energy, a favorable investment climate, and strong governmental support for renewables.

Investment & Partnership Opportunities

We invite strategic investors to explore equity investments, co-development partnerships, and Power Purchase Agreements (PPAs). These financing models ensure long-term revenue stability and direct participation in Montenegro’s expanding clean energy industry.

Contact Us

For investment inquiries, detailed project documentation, or financial projections, contact us at management@perun.energy for further details.