SK Group interested in renewable energy projects in Montenegro

May 18 (SeeNews) – South Korean manufacturing and service conglomerate SK Group is interested in investing in renewable energy projects in Montenegro, the government in Podgorica said on Thursday.

The primary focus will be on renewable energy sources such as offshore wind farms and floating solar power plants, the Montenegrin government said in a press release after a meeting of prime minister Dritan Abazovic with representatives of SK Group.

A team of engineers will soon arrive in Montenegro in order to carry out a preliminary study and mark the best locations for a renewable eneregy project, the government said.

The South Korean group expressed its readiness to invest in projects in Montenegro after a meeting with Abazovic during the World Economic Forum in Davos in January.

Established in 1953, SK Group comprises diverse multinational manufacturing and service companies, which, combined, have $139 billion (128.6 billion euro) in global annual revenue and more than 100,000 employees worldwide.