The European Bank for Reconstruction and Development (EBRD) has approved the EUR9.1 million (US$10.7 million) loan to the Albanian state-owned power utility Korporata Elektroenergjitike Shqiptare (KESH) for the development of a 12.9 MW floating solar project.
The project will be built in the water reservoir of the Vau i Dejës hydropower plant in Albania.
The solar farm aims to contribute to making KESH more resilient to climate change in terms of power generation.
Country updates
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April 26, 2021
Voltalia wins 100 MW solar project in a renewable energy tender in Albania
The French renewables company Voltalia has won the contract for the construction and operation of a 100 MW solar plant in Albania following its successful bid in a tender run by the Albanian Ministry...
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March 04, 2021
Voltalia starts preparations for 140 MW Solar PV PPP Project in Karavasta
Voltalia has begun preparation work for the construction of a 140 MW solar park in Albania's Karavasta seaside area. As part of the preparatory phase, Voltalia will execute technical studies of the e...
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August 27, 2020
RFEOI launched for technical consultant for energy efficiency study in Western Balkans
The World Bank Group has launched a request for expression of interest (RFEOI) seeking technical consultant to perform Residential Energy Efficiency Market Assessment in six Balkan countries name...
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August 05, 2020
Albania signs 30-year concession deal with Voltalia for Karavasta solar park
The Government of Albania has signed the concession agreement with Voltalia for the development of the 140 MW solar photovoltaic park located in Karavasta coastal area in the City of Fier. ...
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June 02, 2020
Contract award announced for Karavasta solar project
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 la...
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