Renewables

Limak looks for new projects in Albania

Published

September 29, 2016

Country

,

Comments

comments icon

0

Share

Published:

September 29, 2016

Country:

,

Comments:

comments icon

0

Share

After the commissioning of a 73 MW hydropower and dam system Banja, Nihat Özdemir, board chairman of Limak Group, said this week that the Turkish company seeks other investment possibilities in Albania, as a developing economy and a candidate for membership in the European Union. He added Banja plant would start generating electrical energy soon.

The group accelerated the construction of the 185 MW Moglicë dam and hydroelectric station, also for Norwegian Statkraft AS, Özdemir told Anadolu Agency’s Energy News Terminal.

“Limak Group regards Balkans as a very important region… Also, we will introduce a significant investment which will include the construction of residences and shopping mall in Skopje, Macedonia”, he underscored. Limak Group also distributes power in Kosovo* and it constructed the Prishtina International Airport.

Banja dam and hydropower plant were launched on Friday with Albania’s Prime Minister Edi Rama present at the ceremony.

* 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

romania bess battery Nova Power & Gas gas power plant

Nova Power & Gas to install 200 MW BESS in Romania

23 July 2025 - Romanian company Nova Power & Gas is also beginning the construction of a 150 MW gas power plant in Florești, of 150 MW.

IRENA 91 percent new renewables units more cost effective than fossil fuel alternatives

IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives

23 July 2025 - Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report

China based Astronergy solar cell factory western Turkey

China-based Astronergy to build solar cell factory in western Turkey

23 July 2025 - Astronergy allocated USD 700 million for its second solar module factory in Turkey. In the first phase, it would make wafers and cells.

croatia vireas agency north AI energy

Meet VIREAS: new AI-powered virtual assistant for energy

22 July 2025 - The VIREAS app is an interactive platform that enables users to engage with an AI assistant on various topics related to energy