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 […]

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 […]

Electricity November 22, 2017

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 […]

Electricity November 7, 2017

Albanian government will stimulate investments in solar energy

Solar energy is an extremely important energy source for Albania because of its geographic position and exposure to sunlight, the Albanian Minister of Infrastructure and Energy, Damian Gjiknuri said at the opening of a workshop on solar energy in Tirana. The Minister said the Albanian government will stimulate investments in the production of energy from […]

Renewables November 3, 2017