Renewables

Six bidders qualify for Albania’s first wind power auction

Six bidders qualify Albania first wind power auction

Photo: Luca Bravo on Unsplash

Published

September 19, 2022

Country

Comments

comments icon

0

Share

Published:

September 19, 2022

Country:

Comments:

comments icon

0

Share

Six companies and consortiums are continuing to the second phase of Albania’s auction for wind farms of 100 MW to 150 MW in total capacity. The ceiling price for the bids is now set at 75 euros per MWh.

Sixteen firms and consortiums have applied to participate in an auction for the sale of electricity from future wind farms over a period of 15 years. Albania’s Deputy Prime Minister and Minister of Infrastructure and Energy Belinda Balluku revealed that six of them qualify to continue to the second phase. The deadline for bids in the tender expires in May.

Total Eren, Verbund, Voltalia, Eksim Yatırım Holding, Ayen and Salillari, and Güriş and Mogan Energy can prepare bids for wind farm projects of 10 MW to 75 MW. The capacity for which power purchase agreements will be signed is to be determined depending on the offers, Balluku revealed.

France-based Voltalia, which qualified for the second round, won the last two auctions for solar power plants

The first wind power auction in Albania is being prepared with help from the European Bank for Reconstruction and Development (EBRD) and the Swiss State Secretariat for Economic Affairs (SECO).

There are still no wind parks in the country. Of note, Voltalia won the last two auctions for solar power plants.

Speaking at a press conference, Balluku said the ceiling price has been set at EUR 75 per MWh and added the facilities would be online in 2025. She also estimated that the Skavica hydropower plant would start producing electricity in 2028 with a capacity of 210 MW.

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

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global

EU approves Western Balkans reform agendas auction schedules renewables

EU approves Western Balkans reform agendas including auction schedules for renewables

24 October 2024 - Western Balkan governments excluding BiH can draw funding from the EU's Growth Plan as they fulfill reform obligations and achieve goals

croatia hep korlat ebrd eib loans

Croatia’s HEP secures financing for Korlat solar power plant

24 October 2024 - Korlat is the largest photovoltaic project in Croatia with a construction permit, according to Hrvatska Elektroprivreda

epcg ivan bulatovic investments gvozd perucica

EPCG to invest EUR 300 million in next three years – CEO

24 October 2024 - Montenegro’s power utility Elektropriveda Crne Gore is conducting a big investment cycle, its CEO Ivan Bulatović said