EUR 300 million investments in renewable energy projects in Albania

Around EUR 300 million will be invested in Albania’s energy sector, namely in renewable energy sector. More investments from private companies are expected. Growing concerns what will happen to the investment cycle in Albania once Trans Atlantic Pipeline (TAP) and Devolli hydro power plant (HPP) projects see their ends, the Energy and Infrastructure Minister Damian […]

Turkish-Albanian consortium will build 120 MW HPP in Albania

Ayen Enerji & Fusha, a Turkish-Albanian consortium, has won a contract for construction and operation of a 120 MW hydro power plant in Albania, with a 35-year concession period. Construction works on Kalivac HPP are projected to cost EUR 125.3 million and last two years and a half, the ministry of energy and infrastructure in Tirana said, SeeNews reports. Annual […]

Project for more resilient water system in Tirana pending final review

The project for improvement of water supply in Tirana has passed concept review and is pending final review, the European Bank for Reconstruction and Development (EBRD) announced. Target board date is November 15, 2017, the EBRD said. The project aims to assist Tirana’s water and wastewater utility company, Ujesjelles Kanalizime Tirana (UKT), in providing a […]