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

Ministry of Energy and Mining of Republic of Srpska elevates cooperation with Balkan Green Energy News

Ministry of Energy and Mining of Republic of Srpska elevates cooperation with Balkan Green Energy News

16 March 2026 - The Ministry of Energy and Mining of the Republic of Srpska expanded the cooperation with Balkan Green Energy News, including the institutional partnership with Belgrade Energy Forum

croatia hbor banks loans entrepreneurs energy efficiency renewables

New HBOR program provides up to 50% loan write-offs for green investments in Croatia

16 March 2026 - HBOR has signed an agreement with commercial banks for the implementation of a new financial instrument for entrepreneurs

Croatia HEP Group to seek contractor for wind park PV plant

Croatia’s HEP Group to seek contractor for wind park, PV plant

16 March 2026 - State-owned HEP Group is preparing a tender for a EUR 110 million investment consisting of projects for a wind park and a solar power plant

bih toplane sarajevo geothermal energy water public call ilidza

Toplane Sarajevo launches tender for geothermal water exploration

16 March 2026 - Toplane Sarajevo has issued a public call for the selection of a company to conduct geothermal water exploration