Memorandum of Understanding Signed with EPCG, Montenegro's State-Owned Power Company, for Strategic Cooperation on Battery Energy Storage Systems
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PowerX, Inc. has signed a Memorandum of Understanding (MOU) with Elektroprivreda Crne Gore AD Nikšić (EPCG), Montenegro's state-owned power company, for strategic cooperation on Battery Energy Storage Systems (BESS). This collaboration aims to support the large-scale introduction of renewable energy and enhance grid stability in Montenegro, targeting the supply of approximately 500 MWh of storage capacity over three years.