Montenegro may be one of Europe’s smallest economies, but its ambitions are anything but modest. As the country advances toward European Union membership and deepens its network of free-trade agreements (FTA), new opportunities are emerging in financial services, digital technology, and cross-border business. For investors and entrepreneurs, Montenegro’s transformation is turning this Adriatic nation into a strategic...
Clarion Owners Engineer, a leading Serbian engineering and consulting firm specializing in energy and industrial projects, has signed two significant new contracts with private investors to provide Owner’s Engineer (OE) and supervision of works services for major renewable energy developments. The newly signed agreements encompass two separate projects, solidifying Clarion’s position as a premier partner...
Construction has commenced on a cutting-edge 150 MW wind park grid connection project in a high-altitude mountain region, with Clarion Owners Engineer overseeing the project as the Works Supervisor and Silver& Yellow FIDIC Engineer. This major renewable energy infrastructure project, executed under the Silver FIDIC EPC (Engineer, Procure and Construct) contract, is set to bring...
Plant engineering is a complex discipline encompassing various activities throughout the project lifecycle—from conceptual design and feasibility studies to construction, commissioning and operation. The Owner’s Engineer (OE) plays a pivotal role in ensuring each phase is executed efficiently, meeting the project’s technical, financial and regulatory requirements. Below, we elaborate on the key phases in plant...
The role of the Owner’s Engineer (OE) in supervising EPC/FIDIC contracts is indeed pivotal for project success. Here’s a concise breakdown of the OE’s responsibilities during various project phases: 1. Pre-construction phase 2. Design phase 3. Construction phase 4. Commissioning and testing phase 5. Project close-out and handover 6. Claims and dispute resolution Importance of...
Lenders, banks and investment funds involved in financing large-scale energy and industrial projects, such as wind parks and renewable energy developments, can greatly benefit from the expertise of an Owner’s Engineer (OE). Acting as an independent technical advisor, the Owner’s Engineer represents the interests of project developers and financiers, ensuring adherence to high-quality standards throughout...
The responsibilities of the Owner’s Engineer (OE) encompass a wide range of tasks, from overseeing preventive and corrective maintenance to managing warranties, compliance and performance reporting. By providing independent expertise and oversight, the OE helps enhance the reliability, efficiency and financial performance of wind parks. 1. Cost optimization in Operations and Maintenance (O&M) A primary...
Engineering energy finance is a complex field that encompasses the planning, financing, and implementation of energy projects, from renewable energy installations to traditional power plants. The transition of investments from planning to commissioning involves several stages, each requiring meticulous financial planning and technical oversight. The role of the Owner’s Engineer is critical in supervising these...
Engineering energy finance is a complex field that encompasses the planning, financing, and implementation of energy projects, from renewable energy installations to traditional power plants. The transition of investments from planning to commissioning involves several stages, each requiring meticulous financial planning and technical oversight. The role of the Owner’s Engineer is critical in supervising these...
The development and operations of clean energy projects, such as wind farms, solar parks, and hydroelectric facilities, increasingly play a critical role in the global transition towards renewable energy sources. This shift not only aims at reducing carbon emissions but also at ensuring sustainable and secure energy supplies for the future. The successful implementation of...
