Masdar, Abu Dhabi energy company, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to form a 50/50 joint venture (JV) to develop large-scale renewable energy projects in Montenegro.
The world’s energy innovation is entering a security-focused phase, driven by industrial competitiveness and infrastructure resilience, according to the International Energy Agency (IEA). Energy technologies now form multi-trillion-dollar markets, with innovation spanning batteries, transformers, turbines, motors, and heat exchangers.