Renewables

North Macedonia picks Turkey-based Fides for photovoltaic plants in industrial zones

North Macedonia picks Turkey-based Fides for photovoltaic plants in industrial zones

Photo: Frimufilms on Freepik

Published

March 11, 2024

Country

Comments

0

Share

Published:

March 11, 2024

Country:

Comments:

0

Share

Turkish company Fides Elektrik Enerjisi was selected for a public-private partnership in North Macedonia. It would build two solar power plants with a combined capacity of almost 8 MW in the technological-industrial development zones in Strumica and Struga.

North Macedonia’s Directorate for Technological-Industrial Development Zones (TIDZ or, in Macedonian, TIRZ), which launched a public call in late November for public-private partnerships, announced the first winner. Turkish company Fides Elektrik Enerjisi will build two photovoltaic facilities with nearly 8 MW in total capacity in TIDZ Strumica and TIDZ Struga, the institution said.

The call was published in line with the Law on Public Procurement and the conditions were the same for domestic and foreign firms. TIDZ said it received only one other offer, from an Israeli-Chinese consortium.

Fides Elektrik Enerjisi agreed to pay 10% of its revenues from electricity production into the state budget. The contract is for 25 years. After that, the private partner is obligated to cede the solar power plants, at 80% of the original production capacity, to the government.

The private partner must pay 10% of the income to the government

The company needs to pay 65 euro cents per square meter per year for the lease of the state land. TIDZ said the mechanism is aimed at contributing to North Macedonia’s energy generation capacity and accelerating the transition into an economy based on green energy.

Most foreign companies that work in the country or are interested in investing request or prioritize renewable energy supply, according to the directorate.

The next call for a public-private partnership for solar power plants will be kicked off by the end of the month, TIDZ revealed. It will cover more than 40 hectares of land in total in the zones in Skopje, Štip and Prilep, it said.

The institution noted that the locations aren’t suitable for other industrial activities. The lots are on the edges of the zones and they haven’t been used for more than 15 years.

Of note, North Macedonia–based PiKCELL Group said in September 2022 that it would build a solar power panel factory in TIDZ Tetovo with German company AE Solar.

Earlier this year, the government in Skopje adopted the country’s first four on strategic partnership bills in the energy sector, for investments in big photovoltaic plants and gas-fired facilities.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Renera-kicks-off-50-MW-floating-solar-power-project-Romania

Renera kicks off 50 MW floating solar power project in Romania

24 April 2024 - Renera Energy is developing a 50 MW floating photovoltaic project in Romania. It would now probably be the biggest in Europe.

Renewables-Greece-get-shortcut-grid-connection-PPAs

Renewables in Greece get shortcut to grid connection with PPAs

23 April 2024 - Renewables projects in Greece with PPAs with energy-intensive industrial consumers get priority in the transmission grid connection queue

Brite Solar agrisolar panel plant Greece 2024

Brite Solar to complete agrisolar panel plant in Greece by end-2024

23 April 2024 - Greek startup Brite Solar is building a production line in Patras for transparent solar panels for agrivoltaic production

green wolt scotland floating wind farm

Green Volt, world’s largest floating wind project, obtains planning approval

23 April 2024 - The project has now received all its planning approvals and remains on track to be the first commercial-scale offshore wind farm in Europe