Masdar, Montenegro utility EPCG advance 2 GW renewables joint venture with 150 MW solar deals

Reuters2026/07/28 04:25

By:Reuters

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Masdar, EPCG moved a planned 50/50 Montenegro renewables joint venture into execution, targeting up to 2 GW of capacity.
Joint development agreements signed for 150 MW of solar: 115 MW Štedim PV, 35 MW Krupac PV.
Framework agreement signed to assess more than 400 MW of pumped hydro energy storage to support grid flexibility.
Agreements signed in Tivat on July 28, 2026, about three months after the joint venture agreement in April 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MASDAR - Abu Dhabi Future Energy Company published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Masdar, Montenegro utility EPCG advance 2 GW renewables joint venture with 150 MW solar deals

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