Will UGT renewables & Hyundai Engineering create jobs in Montenegro?

Photo: UGT Renewables and Hyundai Engineering will create a substantial number of local jobs (Government of Montenegro) Montenegro’s EPCG and US-based UGT Renewables signed an agreement on the joint development of projects for the production of electricity from renewable sources and energy storage.

Will Hyundai Engineering provide green energy solutions in Montenegro and the Balkans?

Hyundai Engineering’s Senior Manager Sang-Min Park noted that the South Korean engineering, procurement and construction company is expanding from the conventional energy sector to renewable energy. He expressed confidence that it would provide green energy solutions in Montenegro and the Balkans together with UGT Renewables.

Will Montenegro build a solar power plant?

Abazović said Montenegro expressed hope that the cooperation with the two foreign companies would result in the construction of the country’s first utility-scale solar power plant.

Will UGT renewables provide green energy solutions in Montenegro and the Balkans?

He expressed confidence that it would provide green energy solutions in Montenegro and the Balkans together with UGT Renewables. The proposed project will be supported by the US and South Korean governments, Park added.

Will Podgorica help Montenegro transition to a greener energy base?

At the ceremony in the country’s capital Podgorica, the United States–based company’s Chief Executive Officer Adam Cortese said it would aid Montenegro in a swift and efficient transition to a cleaner, greener energy generation base.