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Masdar and EPCG Joint Venture for Renewable Energy Projects

Sector: Power Generation (CCGT) • Location: Niksic, Montenegro

Source: See News

Project
Planned

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

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The project “Masdar and EPCG Joint Venture for Renewable Energy Projects” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Niksic, Montenegro. Taiyo aggregates data on it from See News.

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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