Power exports soar 53.3% from first half of last year
Albania imported 776 GWh of electricity in the six months through June, 4.7% less than in the equivalent period of last year, the national Institute of Statistics (Instat) said. At the same time, the measure of gross deliveries abroad jumped 53.3% on an annual basis, to 1.29 TWh, due to more favourable hydrology and a […]
AREA: Government breaches contract with SHPPs
A recent decision by the government in Tirana to obligate local and foreign companies in the field of renewable energy to accept new contracts concluded with the Albanian Power Corporation (KESH sh.a.) jeopardizes the rights acquired by concession deals, based on which they have made investments of millions of euros, Albanian Association of Renewable Energy (AREA) said. The Albanian Energy Regulatory […]
Končar delivers equipment for substations in Albania
Končar Group said its unit High Voltage Switchgear delivered the equipment for the first phase of the construction of a new 110/35/10 kV transformer station Çorovodë in Albania. The high voltage gear, connecting and suspension material are for a project which Končar Power Plant and Electric Traction Engineering (KET) realized with a local partner for […]
EBRD seeks consultant for Green City project in Tirana
The European Bank for Reconstruction and Development said it intends to engage a consultancy firm to assist the authorities of the capital of Albania Tirana in development of a Green City action plan (GCAP) that will comprehensively assess the priorities for the city’s sustainable development in the short- and medium-term, encompassing all sectors under the […]
EBRD appoints Matteo Colangeli chief of Albanian office
The European Bank for Reconstruction and Development said Matteo Colangeli was named head of operations in Albania. Based in Tirana, he will take up his position on September 1, succeeding Christoph Denk, who has returned to the headquarters as director for country strategies and results. Matteo Colangeli joined the bank’s natural resources team in London […]
KESH secures EUR 218 million loan from EBRD
The European Bank for Reconstruction and Development is supporting the modernization of Albanian Power Corporation (Korporata Elektroenergjitike Shqiptare – KESH sh. a.), the largest generator of electricity in Albania, with a EUR 218 million. The state-owned utility provides 70% of domestic generation and is active in the regional energy-generating sector. Helping KESH in restructuring and […]
Interconnection with Kosovo* comes online
Albania inaugurated a EUR 70 million power transmission line of 400 kV, linking the country with Kosovo*, SeeNews reported. The interconnection is 241.1 kilometres long. The 151.1 kilometres on the side of Albania cost EUR 29 million. The section was financed by a loan from Germany’s KfW Development Bank. The construction of the power line […]
Workshop on Albania’s hydroelectric potential held in Tirana
Under the auspices of the Albanian Ministry of Energy and Industry and the Embassy of Greece in Tirana, the Institute of Energy for South East Europe (IENE) organized a workshop event on Albania’s hydroelectric sector in cooperation with domestic counterparts on June 3. The event examined the role of the country’s hydroelectric potential in terms […]