The Power Utility of Bosnia and Herzegovina (EPBiH) andUniversal Energetics, Inc., a New Mexico company, signed the Memorandum of Understanding in the field of energy transition and new energy sources.
According to EPBiH, the signatories to the Memorandum of Understanding were Director Sanel Buljubašić and Andrew Brown, Director of Universal Energetics, Inc., New Mexico.
The document was signed before John Ginkel, Chargé d’Affaires of the U.S. Embassy in Bosnia and Herzegovina.
The company Universal Energetics Inc. (Roswell, New Mexico), in cooperation with the State of New Mexico, organized the first trade mission from the US for the U.S. Department of Commerce, which features seven companies and a leading New Mexico technical university.
The purpose of this mission is to assess and learn about cooperation activities between Bosnia and Herzegovina and New Mexico.
To that end, mission representatives signed a memorandum with the Power Utility of Bosnia and Herzegovina, laying the foundation for future cooperation in discovering, developing, and implementing new energy solutions. It also represents an opportunity to exchange good experiences in the energy transition process of the Federal State of New Mexico, which faced challenges similar to those of Bosnia and Herzegovina.
