Ministry of Infrastructure and Energy in Albania has announced that it awarded Voltalia a 30-year concession contract for 140 MW Karavasta solar project. An international and transparent tender was launched in January and delayed twice by the coronavirus outbreak and ensuing ban on travel.
Out of the 140 megawatts, half will be sold at EUR 24.89 (US$ 27.62) per megawatt-hour through a 15-year power sale contract with Albania State, with the other half to be sold through another long-term power sale contract negotiated in the market.
Country updates
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February 24, 2020
Tender for Karavasta solar project attracts over 20 interests
The Ministry of Energy and Industry of Albania has attracted over 20 companies for the construction, maintenance, and operation of a 140 MW solar power plant to be built in the Karavasta are...
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January 31, 2020
Albania launches tender for 140 MW solar project development
The Government of Albania, through the Ministry of Infrastructure and Energy, has launched a tender for the design, financing, construction, operation, maintenance, and transfer of a 140 MW solar...
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July 09, 2019
Statkraft completes construction of main structures of Moglice HPP's dam
After several years in development and implementation, construction in the main structures of Moglicë dam is completed in June 2019. Moglicë dam shall create the Moglicë reservoir, whic...
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April 03, 2019
BESTA seeks development permit for solar project in Berat
Albania-based BESTA is seeking development permit for the construction of a solar photovoltaic park in the area of Kucova, near the southern city of Berat. The Ministry of Energy did not d...
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March 29, 2019
Statkraft commissions Ocean Sun for 2 MW floating solar PV in Banja
Norway's Statkraft has commissioned Norwegian floating solar technology developer Ocean Sun for the development of its 2 MW floating solar photovoltaic project in Banja reservoir in southeas...
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