Kontrolmatik Technology and Fortis Renewable Energy Contract

Kontrolmatik Technology Signs New Contract with Fortis Renewable Energy

Kontrolmatik Technology (KONTR) announced that it has signed an important business contract with the Netherlands-based Fortis Renewable Energy. This agreement will be realized within the scope of the Nojac1 Project to be carried out in Serbia. The project includes the construction of a Solar Power Plant with an installed capacity of 90 MW and an Energy Storage System with a capacity of 36 MW.

Significance and Contributions of the Project

The project aims to integrate renewable energy production and energy storage. According to Kontrolmatik Technology's statement, this initiative will provide significant contributions to strengthening Serbia's energy infrastructure. The company will utilize its competencies in engineering and EPC (Engineering, Procurement, and Construction) to successfully implement this project.

The candidate contract signed with Fortis Renewable Energy is seen as part of Kontrolmatik Technology's goal to develop international collaborations in energy storage and to sign projects on a global scale. Additionally, Kontrolmatik's subsidiary Pomega Energy Storage Technologies Inc. will also be involved in this project, adding value with its experience and references in the energy storage field.

Opportunities for Investors

The renewable energy sector continues to grow with increasing interest. Projects like those undertaken by Kontrolmatik Technology present new opportunities for investors. This transformation in the energy sector contributes to environmental sustainability while also offering profit potential.

Therefore, it is important for investors to be informed about Kontrolmatik Technology’s future projects in light of developments that attract attention.