Masdar and EPCG Joint Venture for Renewable Energy Projects
Sector: Power Generation (CCGT) • Location: Niksic, Montenegro
Source: See News
Montenegro's state-controlled power producer EPCG has signed an agreement with Abu Dhabi-based renewable energy company Masdar to establish a 50/50 joint venture company to develop green energy projects in Montenegro. The joint company will be based in Niksic and will develop and manage solar photovoltaic, wind, hydro energy, reversible hydropower plants, battery energy storage systems (BESS), and
- Status
- Prospective
- Sector
- Power Generation (CCGT), Energy Storage, Wind, Hydro, Solar
- Location
- Niksic, Montenegro
- Updated
- 22 Jul 2026
- Source
- See News
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Montenegro's state-controlled power producer EPCG has signed an agreement with Abu Dhabi-based renewable energy company Masdar to establish a 50/50 joint venture company to develop green energy projects in Montenegro. The joint company will be based in Niksic and will develop and manage solar photovoltaic, wind, hydro energy, reversible hydropower plants, battery energy storage systems (BESS), and hybrid solutions projects. The collaboration aims to meet Montenegro's electricity needs and enable power exports to the Western Balkans and southern Europe, including via Montenegro's undersea power cable link with Italy. |
Original sector | Energy |
Location
Country | Montenegro |
City | Niksic |
Source
Source | See News |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Energy Storage, Wind, Hydro, Solar |
Article published date | 2026-04-26 |
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