Montenegro Advances Green Energy with Hyundai and UGTR Renewables

With significant investments ahead, Montenegro is positioning itself as a clean energy leader, aligning with global decarbonisation and energy security objectives

In a landmark step towards a sustainable future, representatives from Elektroprivreda Crne Gore (EPCG), Hyundai, and UGTR Renewables met this week to strengthen their ongoing partnership.

Following a 2022 agreement, the discussions focused on optimising available resources to enhance energy stability and drive Montenegro’s decarbonisation efforts.

The talks, attended by top EPCG officials and government ministers, explored key initiatives such as solar and wind energy projects, upgrades to the power grid, and the development of new energy storage solutions.

Milutin Đukanović, EPCG’s Chairman, emphasised the country’s growing appeal for clean energy investments.

One of the highlights was EPCG’s announcement of a 2x30MWh battery storage project, part of its broader strategy to secure Montenegro’s energy future.

Hyundai and UGTR Renewables pledged to accelerate these initiatives, leveraging cutting-edge technologies and global best practices to ensure the country’s energy independence and sustainability.

Have a news tip or story to share? Email us at info@connectingregion.com

Čadež: AI Represents a Generational Opportunity for Serbia

Speaking at the Business Summit 2026 conference in Ložionica, attended by more than 400 participants and 200 business leaders from Serbia...

Slovenian Startup Wins Top Award For DNA Data Storage Technology

BioSistemika won the top prize at the Podim Pitching Competition in Maribor with DATANA, a patented technology designed to store digital data...

Gen Z Lives With AI, But Doesn’t Trust It

Artificial intelligence has become routine for Generation Z in Serbia. More than 80% of young people see AI as...

Microsoft Marks 30 Years in Croatia as AI Becomes the Next Battleground

Microsoft’s journey in Croatia began in 1996 with a modest team of four, led by Goran Radman. Three decades later, the...

Kraš Starts 2026 with Revenue and Profit Growth

Kraš Group reported €45.5 million in revenue in the first quarter of 2026, up 4.3% year-on-year, while net profit...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities