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

Power imports dropped almost at zero for Greece in January

Power imports in Greece drop to nearly zero in January

02 March 2026 - Greece saw the balance of electricity exchanges with neighboring markets change rapidly during the last couple of years. It became a net exporter.

serbia hemofarm rooftop solar plant vrsac

Hemofarm commissions one of largest rooftop solar plants in Serbia

27 February 2026 - The largest rooftop solar plant in Serbia is on the buildings of polymer products maker Peštan

greenvolt wind farm loans

Portugal-based Greenvolt secures financing for two wind projects in Romania

27 February 2026 - Greenvolt has secured over EUR 400 million for its 253.1 MW Ialomiţa Nord wind farm project and another 49.8 MW in Călărași county

Green hydrogen or lost leadership, Thomas Hillig, EUSEW digital ambassador

Green hydrogen or lost leadership? Europe must act before China wins

27 February 2026 - Europe’s green hydrogen ambitions face weak demand and high costs. To compete with China, the EU must shape market design and build industry now.