EPCG and Masdar sign joint venture to build two solar farms and explore 400 MW pumped storage in Montenegro
Type: Partnership · Technology: Solar · Country: Montenegro · Capacity: 400 MW · Announced: 2026-07-27
EPCG and Masdar entered a joint venture to develop two solar farms in Montenegro and to evaluate a 400 MW pumped‑storage project. The agreement was announced on 27 July 2026 and targets the construction of the solar farms within the next few years. The pumped‑storage component would add 400 MW of flexible generation to support the country's renewable‑energy transition. The partnership combines EPCG's local utility expertise with Masdar's international renewable‑energy experience, expanding Montenegro's clean‑energy portfolio. No financial terms were disclosed, and the deal is expected to be governed by a long‑term cooperation framework.
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