TOKYO, May 07 (Pulse News Wire) – Power-X (485A.T) signed a memorandum of understanding (MOU) with Montenegro’s state power company, Elektroprivreda Crne Gore AD Nikšić (EPCG), to collaborate on battery energy storage systems (BESS). Under the agreement, Power-X aims to supply approximately 500 MWh of BESS capacity over three years to support the country's renewable energy expansion and grid stability.
Montenegro adopted its National Energy and Climate Plan in December 2025, targeting at least 50% of renewable energy in its final mix by 2030. EPCG, Montenegro’s largest power utility, is modernizing its grid and integrating renewables, with BESS playing a central role. The partnership will develop plans to enhance system reliability, manage peak loads, and adjust frequencies through BESS installations. Power-X will also explore establishing local assembly facilities in Montenegro.
Montenegro, an EU candidate country connected via submarine cables to Italy, could serve as a key hub for clean energy transmission in Europe. Power-X aims to leverage this cooperation to expand its BESS operations across the continent. “Through our collaboration with EPCG, we aim to contribute to Montenegro’s energy transition and grid modernization,” said Masayoshi Ito, President and CEO of Power-X. “We look forward to deploying advanced solutions and developing local expertise to build long-term business foundations.” Zdravko Dragas, CEO of EPCG, emphasized the strategic importance of the partnership, stating, “This collaboration underscores our commitment to innovation and sustainability in the energy transition.
It provides us with access to cutting-edge BESS technology essential for stable integration of renewables and long-term energy security.”.
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