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 environmental and also construction criteria that need to be examined in order to acquire a structure license.
Voltalia won the tender for the building of the solar park in May 2020. The firm authorized a 30-year concession contract with Albania's federal government to construct and also operate the solar power plant. The expense of the project is estimated at around EUR100 million (US$120.86 million).
Under the contract, Voltalia will offer fifty percent of the electricity produced at the solar park to Albania's state power distribution company for EUR24.89 (US$30) per MWh, while the remaining half will be offered to others.
Country updates
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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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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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