News

KOSTT, KfW commit to enhance cooperation

Published

January 15, 2016

Comments

comments icon

0

Share

Published:

January 15, 2016

Comments:

comments icon

0

Share

Mustafë Hasani, chief executive of KOSTT – Transmission, System and Market Operator JSC, met Esther Gravenkötter, director of German KfW Development Bank’s Kosovo* office. They discussed the progress regarding the implementation of KOSTT’s projects financed by KfW as well as regarding further cooperation between the two institutions, the operator said on its website.

Hasani expressed his interest to further enhance cooperation with KfW, as a strategic partner for the development the local transmission system. Gravenkötter informed him that energy holds the primary focus for KfW financing, as it was the case to date, with 70% of investments directed to this sector, and expressed her readiness to support KOSTT in new projects to ensure further development of the electricity transmission system in Kosovo*.

Hasani handed an appreciation to Gravenkoetter for the financial contribution of KfW in the implementation of projects, in particular the on for the construction of the 400 kV interconnection line between Kosovo* and Albania.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.

Related Articles

world bank prosumers solar financing republic of srpska

World Bank could finance 20,000 prosumers in Republic of Srpska

23 February 2026 - The World Bank intends to provide a loan for a prosumer project in the Republic of Srpska, with a financing decision expected as early as May

world ppa bloombergnef report 2025

Global clean PPA market shrinks for first time in nearly one decade

23 February 2026 - Tech giants contracted almost half of the total volume, and firm power deals are set to become dominant, according to a BloombergNEF report

Saudi Acwa USD 5 billion renewables investment Turkey

Saudi’s Acwa starts USD 5 billion renewables investment in Turkey

23 February 2026 - Saudi Arabian energy utility Acwa agreed to build two photovoltaic plants in Turkey, of 1 GW each. It is the first phase of a 5 GW plan.

europe zero emission urban buses transport environment

Electric vehicles clearly dominate European city bus market

23 February 2026 - Last year 60% of new city buses in the EU were powered by electricity, and hydrogen, according to Transport & Environment