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Renexia and Sistem-MNE sign wind and solar deal in Montenegro

Original: Renexia and Sistem-MNE sign a wind and solar memorandum in Montenegro

Italian renewable energy company Renexia and Montenegrin firm Sistem-MNE have signed a memorandum of understanding to develop wind and solar power projects in Montenegro. The agreement marks a step toward expanding renewable energy capacity in the country, which has been seeking investment to diversify its energy mix and reduce reliance on coal-fired power generation.

Why now: New foreign investment in Montenegro's renewables sector is notable as the country pursues energy transition away from coal.

RenexiaSistem-MNEMontenegro

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