Renewables

Ocean Sun to supply Statkraft with floating solar plant for Albania

Photo: Statkraft

Published

March 18, 2019

Country

Comments

comments icon

0

Share

Published:

March 18, 2019

Country:

Comments:

comments icon

0

Share

Statkraft Albania has signed a contract with Norwegian floating solar technology developer Ocean Sun AS for the delivery of a floating solar plant with a maximum capacity of 2 MW at the Banja reservoir in Albania, Statkraft said in a press release.

The solar park will consist of 4 floating units of 0.5 MW each, with a total investment cost of EUR 2.3 million.

Norway’s state-owned Statkraft filed a request to build a floating solar power plant in December 2018. The project is planned on Statkraft’s hydropower plant (HPP) Banja’s reservoir.

According to the press release, Statkraft Albania received a preliminary authorization from the Government of Albania in December 2018 for the implementation of the floating solar plant at Banja with a feed-in-tariff.

Subject to final regulatory approvals, the solar plant will be constructed during 2019/2020, the company added.

The deal is the first major commercial contract for Ocean Sun’s floating solar technology and the project will demonstrate the viability of the technology developed based on competence from Norwegian solar PV and maritime industry.

“Testing new technology for floating solar power panels fits very well with Statkraft’s strategy to grow our renewable energy generation from hydro, wind and solar. If the technology is proven successful and the potential for cost-competitiveness can be achieved, a wider application of floating solar may take place in other Statkraft locations,” says Christian Rynning-Tønnesen, CEO of Statkraft.

Statkraft is not the only company with plans to built a floating solar plant in Albania.

In December 2018, Albania’s state-owned power utility KESH submitted a request to the Ministry of Infrastructure and Energy to build a floating solar power plant with a capacity of 12.9 MW on the Vau i Dejes reservoir.

The electricity that would be produced by KESH’s floating PV power plant would be sold on the free market.

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

Most read articles on Balkan Green Energy News in 2025

Most read articles on Balkan Green Energy News in 2025

02 January 2026 - Battery storage and digitalization stepped into the spotlight in 2025, according to the readers of Balkan Green Energy News, which marked its tenth anniversary with the best results so far

serbia eps solar 1 gw Dubravka djedovic handanovic dusan zivkovic

Đedović Handanović: Construction of 1 GW solar project to start in 2026

31 December 2025 - The shareholders' assembly of of Elektroprivreda Srbije adopted the Three-Year Business Plan for the period 2026-2028

China commissions world largest open sea PV plant

China completes grid connection of world’s largest open sea PV plant

31 December 2025 - CHN Energy fully connected to the mainland grid a 1 GW solar power system that it built on the open sea off the coast of Shandong in China

Electrica call contractors for large PV parks in Romania

Electrica issues call for contractors for large PV parks in Romania

31 December 2025 - Electrica, in which the Romanian Government holds almost 50%, is again seeking contractors for its solar projects Satu Mare 3 and Bihor 1