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 southeastern Albania.
The EUR2.3 million (US$2.6 million) project consists of four floating units of 0.5 MW each. The project has secured a feed-in-tariff allocation from the government.
The construction of the project is expected to be conducted within 2019-2020.
Country updates
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February 26, 2019
France’s Voltalia to provide services to investor in 2.5 MW solar plant in Albania
Voltalia, an international player in renewable energies, will provide Construction and Operation & Maintenance services to an investor client for a 2.5 MW solar plant to be built in Albania, in th...
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February 05, 2019
Albania’s LM Energy Corporate seeks building permit for 50 MW solar park
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...
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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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