Masdar and Montenegro's EPCG jointly developed 150 megawatts of solar capacity and assessed 400 megawatts of pumped hydro storage, advancing their 50-50 venture targeting 2 gigawatts across renewables to transform Montenegro into a regional clean electricity producer.
Western Balkan energy ministers agreed that strengthening cross-border infrastructure, developing alternative supply routes, pursuing renewable energy, and enhancing regional cooperation are essential to ensure energy security amid Middle East and Ukraine conflicts.
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The fourth Belgrade Energy Forum convenes May 11-12 with 50 speakers including five ministers to discuss Southeast Europe's energy transition, market trends, and renewable technology solutions, positioning green energy as both ecological necessity and regional economic opportunity.
Western Balkan energy ministers agreed that strengthening regional infrastructure, diversifying supply routes, and advancing renewable energy alongside EU alignment are essential to address energy insecurity caused by Middle East and Ukraine conflicts.