MoUs
During the First EU-Montenegro Investment Conference held on 14. 14th and 15th of October in Luštica Bay, nine memorandums of cooperation and an Investment Declaration were signed and presented during the opening ceremony, laying the foundation for future investments in energy, transport, infrastructure, and innovative technologies:
- Wizz Air and the Ministry of Transport of Montenegro – opening 14 new air routes and establishing an operational base in Podgorica.
- Akuo Energy and EPCG – development of renewable energy projects, including the first 70 MW floating solar power plant.
- Alcazar Energy and the Government of Montenegro – construction of the “Bijela” wind farm with a capacity of 118.8 MW.
- EDF and the Ministry of Energy of Montenegro – modernization of the electricity grid.
- CWP Europe and the Montenegro Investment Agency (MIA) – development of a large solar park.
- Gravert Jenny and Cevo Solar – construction of an energy storage system with a capacity of 60 MWh / 20 MW.
- SS&A Power Group and EPCG – development and implementation of thermal energy storage technology.
- Wind Fisher and EPCG – implementation of high-altitude wind energy technology.
- EBRD and Erste Bank – regional energy efficiency program and the Women in Business initiative.
- Suez – Declaration on Sustainable Investments – improvement of wastewater management systems.