French renewable energy developer Qair and Montenegrin state-owned power utility EPCG have signed a Memorandum of Understanding (MoU) to jointly explore renewable energy opportunities in Montenegro, with a primary focus on solar and wind projects. This collaboration aims to align their interests and establish a framework for future cooperation.
Louis Blanchard, CEO of Qair, expressed enthusiasm about the partnership, describing it as a significant milestone for Qair in the Montenegrin market. He highlighted that the collaboration positions Qair as a key player capable of leveraging its extensive experience in developing, constructing, and operating renewable energy projects, including wind, solar, and battery energy storage systems.
Qair made its entry into the Montenegrin market in 2021 by opening a local office in the capital, Podgorica.
