Renewables

Ocean Sun to supply Statkraft with floating solar plant for Albania

Photo: Statkraft

Published

March 18, 2019

Country

Comments

comments icon

0

Share

Published:

March 18, 2019

Country:

Comments:

comments icon

0

Share

Statkraft Albania has signed a contract with Norwegian floating solar technology developer Ocean Sun AS for the delivery of a floating solar plant with a maximum capacity of 2 MW at the Banja reservoir in Albania, Statkraft said in a press release.

The solar park will consist of 4 floating units of 0.5 MW each, with a total investment cost of EUR 2.3 million.

Norway’s state-owned Statkraft filed a request to build a floating solar power plant in December 2018. The project is planned on Statkraft’s hydropower plant (HPP) Banja’s reservoir.

According to the press release, Statkraft Albania received a preliminary authorization from the Government of Albania in December 2018 for the implementation of the floating solar plant at Banja with a feed-in-tariff.

Subject to final regulatory approvals, the solar plant will be constructed during 2019/2020, the company added.

The deal is the first major commercial contract for Ocean Sun’s floating solar technology and the project will demonstrate the viability of the technology developed based on competence from Norwegian solar PV and maritime industry.

“Testing new technology for floating solar power panels fits very well with Statkraft’s strategy to grow our renewable energy generation from hydro, wind and solar. If the technology is proven successful and the potential for cost-competitiveness can be achieved, a wider application of floating solar may take place in other Statkraft locations,” says Christian Rynning-Tønnesen, CEO of Statkraft.

Statkraft is not the only company with plans to built a floating solar plant in Albania.

In December 2018, Albania’s state-owned power utility KESH submitted a request to the Ministry of Infrastructure and Energy to build a floating solar power plant with a capacity of 12.9 MW on the Vau i Dejes reservoir.

The electricity that would be produced by KESH’s floating PV power plant would be sold on the free market.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

New Akuo Southeastern Europe interview Bruno Bensasson

New Akuo is powering up in Southeastern Europe

27 April 2026 - The energy crisis is underscoring the necessity of renewables for energy security, alongside climate goals and competitiveness, CEO of Akuo Bruno Bensasson tells Balkan Green Energy News

PPC to invest 24 billion with a focus on Balkan expansion

PPC to invest EUR 24 billion with focus on Balkan expansion

27 April 2026 - PPC boosted its investment plan to EUR 24 billion by the end of the decade, with a focus on renewable energy, gas power plants and data centers

Bistrica study pumped storage eps

Serbia moves closer to building Bistrica pumped storage hydropower plant

24 April 2026 - The construction of Bistrica will provide 55 GWh of energy storage capacity and enable the integration of 1.5 GW of renewables

serbia region eu energy community mou balkan green energy news lorkowski jovicic

Energy Community Secretariat, Balkan Green Energy News sign MoU to advance clean energy awareness across Balkans

24 April 2026 - The MoU outlines the framework for collaboration, ensuring accurate, timely, and balanced reporting while upholding the media's independence