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

north macedonia forum skopje declaration sustainable energy undep sanja bozinovska grigorian liguti

Skopje Declaration signed as International Forum on Energy for Sustainable Development wraps up

31 October 2025 - The three-day International Forum on Energy for Sustainable Development (IFESD-14) brought together over 500 participants from 70 countries

PPC building three battery storage facilities in Greece

PPC building three battery storage facilities in Greece

30 October 2025 - PPC Group has launched the construction of a battery energy storage system in the area of its Amyntaio coal plant

Enery SmartPulse regional partnership multi-market optimization

Enery, SmartPulse launch regional partnership for multi-market optimization

30 October 2025 - Enery and SmartPulse joined forces for advanced solutions for the management and trading of renewable energy and storage assets

Margun Energy licenses potential 505 MW geothermal power plants

Margün Energy takes over licenses for potential 505 MW in geothermal power plants

30 October 2025 - Margün Energy acquired nine geothermal licenses in Turkey, targeting 3.86 TWh of annual electricity production