Tag Archives: investments

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Montenegro’s EPCG to develop floating solar, thermal batteries, high-altitude wind turbines

Montenegrin state-owned power utility Elektroprivreda Crne Gore has signed memoranda of understanding with Akuo, E2S Power AG, and wind fisher for a floating solar power plant, thermal batteries, and a pilot project for high-altitude wind turbines, respectively. Memoranda of understanding (MoUs) were signed within the framework of the European Union – Montenegro Investment Conference. Domestic […]

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Šahmanović: Second submarine cable line with Italy to be installed by 2031

The second line of the submarine cable connecting Montenegro and Italy is expected to be completed by 2031, Montenegro’s Minister of Energy and Mining Admir Šahmanović said at the European Union – Montenegro Investment Conference. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened yesterday in Luštica, near Tivat, by […]

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EU-Montenegro Investment Conference: 14 partnerships, MoUs signed for energy, sustainable projects

A total of 14 cooperation projects between Montenegrin and European companies have been initiated at the ongoing European Union-Montenegro Investment Conference, including investments in wind farms, solar parks, energy storage, and grids. The two-day conference, titled Smart Growth, Green Future: Accelerating Investment in Montenegro, was opened today in Luštica, near Tivat, by the President of […]

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Indian ChemVolt Global, Serbian ElevenEs forge strategic partnership for batteries

Indian company ChemVolt Global and ElevenEs, based in Serbia, established a strategic partnership to accelerate the development of battery energy storage systems (BESS), lithium-ion cell manufacturing, and electric vehicle (EV) battery pack supply across India. ChemVolt Global is a clean energy and storage solutions company and ElevenEs develops lithium-ion battery cell technology. The collaboration combines […]

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Under Reform Agenda, BiH commits to aligning electricity prices with market

By adopting the Reform Agenda, Bosnia and Herzegovina committed to liberalizing the electricity market, aligning electricity prices with market levels, and supporting the green transition through renewable energy sources and energy efficiency. The Council of Ministers of Bosnia and Herzegovina adopted the Reform Agenda, after a delay longer than one year, and submitted it to […]