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Article Bezinga News

PowerX Signs MOU with Montenegro's National Utility EPCG for Strategic Cooperation on Battery Energy Storage

Bezinga News May 11, 2026 · 3:00 am Read Original
Bullish 77.8
−100 Bearish 0 +100 Bullish

TOKYO, May 10, 2026 /PRNewswire/ -- PowerX, Inc.(Head Office: Tamano City, Okayama Prefecture; Director, President and CEO: Masahiro Ito; Securities Code: 485A) signed a Memorandum of Understanding (MOU) on May 7th with Elektroprivreda Crne Gore AD Nikšić (EPCG), Montenegro's national electricity utility, regarding the Strategic Cooperation on  Battery Energy Storage Systems (BESS).
The MOU sets an indicative target of approximately 500 MWh of BESS capacity over an initial three-year period to support the large-scale integration of renewable energy and strengthen grid stability in Montenegro.
Montenegro adopted its National Energy and Climate Plan in December 2025, setting 2030 targets that include a minimum 50% share of renewable energy in gross final energy consumption. EPCG, the country

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Article Info
Source Bezinga News
Published May 11, 2026 · 3:00 am
Article ID 4moidts
Original URL Open source
Sentiment Signal
Bullish 77.8
−100Neutral+100
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