Solar + Storage Montenegro 01
A 4 MWp solar park with a 2 MW / 4 MWh battery on the Zeta plain near Podgorica. Montenegro uses the euro and is linked to Italy by a subsea power cable, giving the project access to wider regional prices.
- Target return
- 10.00%
- Term
- 5 yrs
- Capacity
- 4 MWp + 4 MWh
- Issuance
- €2.2m
About this issuance
Solar + Storage Montenegro 01 is a 4 MWp solar park with a 2 MW / 4 MWh battery on the Zeta plain, south of Podgorica. The area receives around 1,700 kWh/m² of irradiation a year, among the highest in the western Balkans. Montenegro uses the euro, is an EU accession candidate, and is connected to the Italian grid through the Italy–Montenegro subsea interconnector, which links local prices to one of the larger and more expensive power markets in Europe. The country is still early in building out solar, so well-located sites with grid capacity are available at attractive terms. The battery stores low-cost daytime output and releases it in the evening, when regional prices peak. Each Energy Unit gives economic exposure to around 550 Wp of solar capacity and 1 kWh of storage plus a proportional share of common infrastructure.
1,700 kWh/m²
Solar irradiation
Per year
5,960 MWh
Expected generation
Per year, base case
2 MW / 4 MWh
Battery
2-hour duration
Approved in principle
Grid connection
Investment highlights
- Euro-denominated market with around 1,700 kWh/m² of irradiation a year
- Subsea interconnector to Italy links local prices to a larger regional market
- Early-stage solar market with favourable site and grid access
- Investors receive a 10% preferred return before the sponsor shares in profits
Preferred return p.a. · distributed quarterly
Capital at risk. Joining The Green Club is free; investing requires completing investor verification and is subject to the project's offering document and terms. Target returns are not guaranteed.