The government of Albania, through Ministry of Infrastructure and Energy (MIE), has confirmed that LM Energy Corporate seeks building permit for 50 MW solar park in Sheq Marinas, Topoja area, Fier region.
If the application will be approved, the project will be the 2nd large solar power in the country next to Akernia project.
In September 2017, LM Energy Corporate was registered at National Business Center. The company operates in design, implementation, and construction of solar power cells, electricity trade, and design, construction, and installation of power transmission lines.
The 100 MW solar project in Akerni, Vlora is still in negotiation. India Power Corporation Ltd has won the bid for the Euro 70 million for the project.
Country updates
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January 30, 2019
US$4.4 billion financial close for Trans-Adriatic Pipeline
The Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure...
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December 20, 2018
Magna Energy seeks Albania's approval for 2 MW hydropower project construction
Albania's energy ministry has received an application for a small hydro power plant (HPP). Magna Energy has applied for the construction of a 2 MW facility located on a tributary of Drinos...
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November 12, 2018
India Power Corp wins tender for 100 MW solar PV project in Albania
Albania’s Ministry of Infrastructure and Energy launched a tender for the construction of a 100 MW solar park on August 2018. Among the six bidders, India Power Corporation, FZE and Midami Limit...
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August 03, 2018
Albania's MIE launched tender for 50 MW solar project in Akerni developer
Albania’s Ministry of Infrastructure and Energy (MIE) has launched a tender process to develop a 50 MW solar photovoltaic project located in Akerni Area, Vlora. The construct...
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July 16, 2018
BE-IS, EL-PROM JV won hydropower project in Dibra
The joint venture of BE-IS & EL-PROM has won the development of the 13.917 MW Veleshice hydropower plant (HPP) located near the northeastern town of Dibra, Albania. The 928 mi...
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