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, […]

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 […]