Projects


Small Hydro-electric Power Plant

Paljevinska River (Kolasin Municipality)

Based on the geodetic and geological studies, and waterflow analysis at the time, construction of a small hydro-electric power plant (SHP) on the Paljevinska river was feasible in 2019, and the energy law enacted by Montenegro provided incentive to do so. The terrain was suitable and afforded a good relationship between the head height and the amount of water.

Hydrologic characteristics of the watercourses are such that we expect energy production during 80% of the year.

Construction on the plant was started in May 2019 and in May 2020 the plant was brought online and connected to the power grid.

 Installed power :             600 kW
Potential annual production:              2.95 GWh

In 2023, hydropower contributed 52.6% of the electricity generation in Montenegro, according to ChartingTheGlobe.


Waste-to-Energy in Montenegro

Why Montenegro?

Montenegro is called the “Jewel of the Adriatic” for its breath-taking, cerulean coastline that is draped by steep, vertical folds of towering cliffs. Its economy relies heavily on the tourism and services industry. In 2024, over 2.5 million tourists visited the country. With a population of about 617,000, tourism creates a significant increase in waste generation during peak seasons.

Montenegro has had a problem for many years disposing of municipal and industrial waste. Data updated for 2023, shows Montenegro generated 360,136.8 tons of municipal waste. This is a 7.2% increase compared to 2022. Per capita, this amounts to 577.5 kg, which is 6.1% more than the previous year, according to MONSTAT.  Additionally, in 2023, Montenegro's manufacturing, mining, quarrying, and other industrial sectors generated 722,966.8 tons of waste. This represents 55% of the country's total waste generation for the year, which amounted to 1,314,292.4 tons. These industries also saw a 13.2% increase in waste generation compared to 2022. 

This waste is stored in regulated and unregulated waste sites. Montenegro has a strategic waste management plan; however, since it was written, newly-developed and proven technologies have emerged that can be applied to address Montenegro's waste issues. Use of these technologies will allow for the safe disposal of the generated municipal waste and some of the industrial waste, while at the same time generating heat and energy.

We are in the process of collecting more data, and working with partners to generate suitable solutions, and develop business proposals. 

A Possible Solution / Waste as Renewable Energy

A new and proprietary gasification technology that recovers energy from a wide variety of waste streams and makes better use of what most people would throw away. The garbage that ends up in Montenegrin landfills, wild dumps, and waterways can yield a wide variety of valuable products through gasification. Electricity, steam, diesel, and hydrogen fuel are all great examples of what this new gasification technology can produce.

Testing has shown that on average, one ton of municipal solid waste contains roughly 12 million BTUs of potential energy. The energy trapped in one full garbage truck could power 42 American homes for one year!  Many waste streams that are notoriously difficult or expensive to landfill or recycle make excellent feedstock for this new gasification technology.


Financial Markets

Currently consulting on a project to set up a new, virtual, financial market in a South-Eastern European country.

We are ensuring that legislation needed to establish the market is in place and where it is lacking we are enhancing current legislation or drafting additional legislation.

We are in contact with representatives of the international community and institutions in the country as well as local government entities to coordinate activities in support of this project and ensure we are in compliance with local and international laws.


Digital Infrastructure

We consulted on the purchase and build out of a small data center. The goal was to lease space to the local country’s central government for use as their primary data center with the rest of the space being leased to commercial customers.

This project is ongoing and is moving ahead.