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

• 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.