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 framework of the Nojac1 Project, which will be carried out in Serbia. The project involves the construction of a Solar Power Plant with a capacity of 90 MW and an Energy Storage System with a capacity of 36 MW.

Importance and Contributions of the Project

The project aims for the integration of renewable energy production and energy storage. According to Kontrolmatik Technology's statement, this initiative will make significant contributions to strengthening Serbia's energy infrastructure. The company will work to successfully implement this project by utilizing its engineering and EPC (Engineering, Procurement, and Construction) expertise.

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 sign projects on a global scale. Additionally, Kontrolmatik's subsidiary Pomega Energy Storage Technologies Inc. will also be involved in this project, contributing 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 potential for returns.

Therefore, it is essential for investors to stay informed about Kontrolmatik Technology's future projects alongside the developments that capture attention.