Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity.
Masdar, Abu Dhabi energy company, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to form a 50/50 joint venture (JV) to develop large-scale renewable energy projects in Montenegro.
Eagle Hills Montenegro, a subsidiary of Eagle Hills, has announced the signing of a cooperation agreement with local partners in Ulcinj to establish Eagle Hills Ecovillage Shas, a new company that will develop an eco-tourism destination in Montenegro.
Abu Dhabi Future Energy Company – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to explore a joint venture to develop large-scale renewable energy projects in Montenegro.