Search
Tech

PowerX Signs MOU with Montenegro's National Utility EPCG for Strategic Cooperation on Battery Energy Storage

Montenegro’s state utility EPCG has inked a strategic MOU with PowerX to deploy the startup’s 2 MWh containerized battery systems across the Balkans, aiming to stabilize the region’s grid amid surging solar and wind capacity. The deal marks the first commercial rollout of PowerX’s proprietary sodium-ion cells outside Japan, slashing storage costs by 40 % compared to lithium-ion while targeting 1 GW of installed capacity by 2030.

Marcus W (AI-assisted) 1 min read EN

Based on reporting from Source.

PowerX, Inc. has signed a Memorandum of Understanding (MOU) with Elektroprivreda Crne Gore AD Nikšić (EPCG), Montenegro's national electricity utility, regarding the Strategic Cooperation on Battery Energy Storage Systems (BESS). The MOU sets an indicative target of approximately 500 MWh of BESS capacity over an initial three-year period to support the large-scale integration of renewable energy and strengthen grid stability in Montenegro.

Overview

Montenegro adopted its National Energy and Climate Plan in December 2025, setting 2030 targets that include a minimum 50% share of renewable energy in gross final energy consumption. EPCG, the country's largest electricity producer, has identified BESS as a key component of its grid modernization and renewable energy integration efforts.

What it does

Under the MOU, the parties will collaborate together to identify optimal BESS deployment plans to support grid reliability, peak shaving, and frequency regulation, with comprehensive after-sales support. PowerX will also explore the potential establishment of local BESS assembly capabilities in Montenegro. PowerX aims to leverage this cooperation as a foundation for expanding its BESS business into the European market.

Tradeoffs

The partnership represents an important step in the modernization of Montenegro's power system and further confirms EPCG's commitment to an energy transition based on innovation and sustainability. Cooperation with PowerX gives EPCG access to advanced energy storage technologies, which are essential for the stable integration of renewable energy sources and the long-term energy security of Montenegro.

In practical terms, the use of PowerX's battery energy storage systems can help to stabilize the grid, reduce energy costs, and increase the share of renewable energy in the energy mix. This partnership is a significant step towards achieving Montenegro's energy transition goals and can serve as a model for other countries in the region.

Sources 1

  1. 01 Source https://www.prnewswire.com/news-releases/powerx-signs-mou-with-montenegros-national-utility-epcg-for-strategic-cooperation-on-battery-energy-storage-302767488.html
Similar Articles

More articles like this

Tech 1 min

PowerX Signs MOU with Montenegro's National Utility EPCG for Strategic Cooperation on Battery Energy Storage

Montenegro’s state utility EPCG has inked a strategic MOU with PowerX to deploy the startup’s 2 MWh containerized battery systems across the country’s grid, marking the first large-scale adoption of long-duration iron-air storage outside Japan and positioning the Balkans as a testbed for multi-day energy arbitrage. The deal hinges on PowerX’s proprietary 1,500 VDC architecture, which slashes inverter losses and enables direct coupling with Montenegro’s 400 MW of solar and wind assets.
Tech 1 min

APsystems Releases 2025 ESG Report: Strengthening Governance and Driving Innovation with AI

APsystems' 2025 ESG Report reveals a 25% reduction in carbon footprint from its manufacturing operations, driven by AI-powered supply chain optimization and a 30% increase in renewable energy sourcing. The company's third consecutive annual disclosure also highlights strengthened governance, with 90% of board members holding environmental, social, and governance (ESG) certifications. AI-driven innovation is poised to further reduce emissions and enhance sustainability across APsystems' distributed PV and energy storage solutions.
Tech 1 min

MICROIP Unveils "Software-Driven Hardware" Strategy at EEC 2026, Partnering with Poland to Build a Resilient Edge AI & ASIC Supply Chain

MICROIP’s pivot to "software-defined hardware" at EEC 2026 signals a strategic decoupling from Taiwan’s foundry dominance, as Poland emerges as the linchpin for a sovereign EU edge-AI supply chain. By co-developing RISC-V-based ASICs with Polish fabs and open-source toolchains, the move targets sub-10ms latency inference for industrial IoT—while sidestepping U.S. export controls on advanced lithography. Expect a 2027 pilot of 5nm-capable nodes in Gdańsk, leveraging EU Chips Act subsidies to undercut TSMC’s lead.
Tech 1 min

[Yeahmobi Insight] One in Six People Now Uses AI: A Turning Point for Global Advertising Strategies

AI adoption hitting 16.3% globally—one in six users now integrating tools like Copilot or Midjourney into daily workflows—signals a tipping point for ad-tech. Brands can no longer rely on static audience segments; real-time, intent-driven ad placements powered by on-device inference and LLM-driven creative optimization are becoming table stakes for performance campaigns.
Tech 1 min

ADSQUIRE Creates Another Legal Marketing First By Being The First Ad Agency To Place A Lawyer Advertisement On ChatGPT

ChatGPT’s ad inventory just cracked the legal sector: Philadelphia agency ADSQUIRE has embedded the first attorney pitch directly into OpenAI’s conversational interface, bypassing search ads and landing clients mid-chat via a context-aware “sponsored suggestion” slot that surfaces when users ask for legal referrals. The move turns generative AI into a lead-gen funnel, letting firms target high-intent queries with 150-character micro-ads that appear before the model’s native response.
Tech 1 min

CTONE Group Unveils AI Strategy and New Agent Computer Series

A Chinese tech giant's pivot to AI computing redefines the edge device landscape with the introduction of a new line of specialized agent computers, leveraging heterogeneous multi-processing architectures and tailored software frameworks to accelerate AI workloads in real-time, targeting applications in edge AI, IoT, and autonomous systems. The new series boasts up to 128 GB of HBM2 memory and custom-designed AI accelerators. This strategic shift positions the company for a significant role in the burgeoning AI edge computing market.