Albania, Kosovo* sign agreement to establish joint power exchange
Kosovo’s transmission system operator (TSO) KOSTT and its Albanian counterpart OST have signed the agreement on the establishment of the Albanian Power Exchange – ALPEX, formerly called APEX. The shareholder agreement for ALPEX was signed by Chief Executive Officer of KOSTT Ilir Shala, and Administrator of OST Skerdi Drenova. ALPEX, based in Tirana, will operate […]
Bechtel, Albania sign MoU on construction of HPP Skavica
US construction company Bechtel and Albania’s Ministry of Infrastructure and Energy will jointly prepare an action plan for the implementation of the Skavica hydropower plant project. The planned installed capacity of the HPP is 210 MW while investment is estimated in the range of EUR 308 million to EUR 510 million. The action plan is […]
No hydropower plants to be built on Vjosa river
The hydropower plants planned on the Vjosa river’s lower and upper course won’t be built, for now. It could be said that the continuous appeals and protests from the citizens, organizations of civil society all over the world, famous actors, lead to the move. After Albanian President Ilir Meta said he prioritizes the Vjosa National […]
Natural Energy System asks for permit to build 3 MW wind farm in Albania
Albania-based Natural Energy System is interested in the construction of a 3 MW wind farm near the city of Fier, 30 kilometers from the Adriatic Sea coast, in the southwestern part of the country. There are still no wind farms in Albania. Precise data of the potential for wind energy is not available but very […]
FAO helping Albania to manage Vjosa river valley sustainably
FAO started a green development project in Albania to support farmers and authorities in sustainable land use and the prevention of pollution and degradation of soil around the Vjosa, one of the few undammed rivers in Europe. The Vjosa has the second-largest river basin in Albania, at 681,000 hectares, and it is one of the […]
EBRD may lend EUR 9.75 million to KESH for floating solar power plant
Albania’s state-owned power producer may cover most of the cost for its hybrid power plant project with debt. EBRD targets October 21 for the approval of a secured loan of EUR 9.75 million for a floating photovoltaic system on the reservoir of the Vau i Dejës hydropower plant owned by KESH. The European Bank for […]
Albania inks concession with Voltalia for Karavasta solar power plant
After winning the auction, French company Voltalia landed a 15-year fixed rate deal for half of the production of the future 140 MW photovoltaic plant in Albania. The Karavasta Park concession agreement is for 30 years. Minister of Infrastructure and Energy Belinda Balluku and Chief Executive Officer of Voltalia Sébastien Clerc have signed a 30-year […]
Moglicë hydropower plant in Albania starts delivering electricity
Statkraft’s Moglicë hydropower plant in Albania has started commercial operations, delivering its renewable power to the Albanian grid. Moglicë is the larger of the two hydropower plants in the Devoll hydropower project and will generate approximately 450 GWh per year, the Norwegian power producer said on its website. The installed capacity of the hydropower plant […]
