UGT Renewables signs deal on renewables, energy storage with Montenegro’s EPCG
Montenegro’s EPCG and US-based UGT Renewables signed an agreement on the joint development of projects for the production of electricity from renewable sources and energy storage.
Following a meeting in September with outgoing Prime Minister Dritan Abazović, UGT Renewables (UGTR), headquartered in Miami, signed an agreement with Montenegro’s state-owned power utility Elektroprivreda Crne Gore (EPCG). The deal is for the joint development of projects for the production of electricity from renewable sources as well as for energy storage.
At the ceremony in the country’s capital Podgorica, the United States–based company’s Chief Executive Officer Adam Cortese said it would aid Montenegro...