Kontrolmatik Technology and Fortis Renewable Energy Contract

Kontrolmatik Technology Signs New Contract with Fortis Renewable Energy

Kontrolmatik Technology (KONTR) announced that it has signed a significant business contract with the Netherlands-based Fortis Renewable Energy. This agreement will be realized within the framework of the Nojac1 Project to be carried out in Serbia. The project encompasses 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.

Importance and Contributions of the Project

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

The candidate contract with Fortis Renewable Energy is considered a part of Kontrolmatik Technology's goal to develop international collaborations in the field of energy storage and to undertake projects on a global scale. Additionally, Kontrolmatik's subsidiary Pomega Energy Storage Technologies Inc. will also participate in this project, adding value to it 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 both to environmental sustainability and carries investment potential.

Therefore, it is important for investors to stay informed about developments that attract attention and Kontrolmatik Technology’s future projects.