Albania plans to float state-owned power distributor OSHEE this year

Albanian government plans to float state-owned power electricity distributor OSHEE on the stock exchange by the end of this year, prime minister Edi Rama announced a meeting attended by government and EU officials earlier this week. Rama said that the government ambition is to get the massive participation of Albanian citizens as shareholders so both sides […]

US solar energy firm SunPower agrees Albania market entry

US solar energy company SunPower Corporation has entered into an agreement to launch sales for the first time ever in Albania through local wholesaler EuroElektra, the Albanian company has said, according to media reports. Under the agreement, the San Jose, California-based company’s photovoltaic (PV) products will come with a warranty of up to 25 years […]

Albania won arbitration against Hydro S.R.L. over Kalivac HPP

The Republic of Albania won arbitration over hydropower plant (HPP) Kalivac against Italy’s Hydro S.R.L, Albanian infrastructure and energy ministry announced. The International Court of Arbitration ruled in favor of Albania in a breach of contract in the Kalivac construction case and the Albanian government will receive EUR 172 million in damages. In October 2014, […]

Electricity January 30, 2018

EU keeps supporting clean water in Albania, announces 2 new programs

The European delegation to Albania has announced two new programs for 2018 in the country: wide water and sewerage, and water management and wastewater management. Both programs are expected to start soon. To the new sector wide water and sewerage investment program, the EU plans to contribute EUR 24 million grant under IPA 2018 national […]

Water January 16, 2018

Study: European-financed small hydropower plants damaging pristine Balkan

Eight hydropower projects in Albania, Croatia and Macedonia financed with European public money have damaged biodiversity and are in urgent need of increased monitoring and restoration measures, finds a study by CEE Bankwatch Network. The hydropower plants were enabled by support from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank […]