Green Balancing Group d.o.o. Podgorica, a local subsidiary of a namesake Belgrade-based company, has successfully completed the registration process on Montenegrin power exchange market and became twenty-eighth MEPX market member.

Green Balancing Group (GBG) is a company specialized for the market utilization of electricity produced from renewable sources, as an aggregator for renewables and managed consumption. By applying the most modern methods for management and market integration of small power plants, as well as other advanced technological solutions related to aggregation and consumption management, this company is able to provide its customers with the best conditions to optimize and balance their market position. With full risk control based on participation in the spot and financial markets, their services are available to all types of producers of electricity from renewable energy sources, both small solar plants and small hydropower plants, and wind farms with higher installed capacity. GBG has contracted more than 40 MW of installed capacity from renewable energy sources with a total annual production of over 120 GWh from 30 power plants.