Renewables

Statkraft opened its first hydropower plant in Albania

Photo: Statkraft

Published

September 25, 2016

Country

Comments

0

Share

Published:

September 25, 2016

Country:

Comments:

0

Share

Statkraft officially opened 73 MW hydropower plant Banja on Friday, September 23. It is the first of the two hydropower plants by Norwegian company in Albania being constructed as part of the 256 MW Devoll hydro power project due for completion in 2018.

Power stations, Banja and Moglicë, are located on the Devoll river, in the valley of the same name, around 70 kilometres southeast of capital Tirana.

Banja was officially opened by Albanian Prime Minister Edi Rama and Statkraft CEO Christian Rynning-Tønnesen, together with Albanian Energy Minister Damian Gjiknuri and Norway’s Ambassador designate, Per Sjaastad.

“This investment is a great example of the private interest and the public interest meeting at the same point. In this area alone, over 100 km of roads have been built, with some great engineering efficiency. Banja-Gramsh road has 14 bridges and one of the bridges, 520 meters long, is the second-longest bridge in Albania. Statkraft is an example to be followed by all other companies investing in Albania,” Prime Minister Rama said at the opening ceremony.

In his speech at the opening ceremony, CEO Rynning-Tønnesen praised Albania for developing renewable and climate friendly hydro power, and also underlined the importance of completing the market reforms, deregulation and the creation of a power exchange in the country.

255 GWh renewable power

Banja hydropower plant will generate around 255 GWh renewable electricity per year. The plant consists of two main units, as well as an eco-flow unit utilising even the minimum flow for renewable power production. The dam above the power plant is 80 meters high and creates a 14 square kilometers reservoir, in the form of a new lake in the beautiful Devoll valley.

As Balkan Green Energy news reported earlier this year, Statkraft hired Multiconsult, Norwegian engineering and design firm, for providing contract staff and for consulting services in the closing phase of the construction, and the filling of the Banja reservoir was launched on April 15, 2016.

In addition to the dam, the power station and the transmission line, the construction also includes new roads, and measures linked to following up the social and environmental aspects of the project. Based on international standards, Statkraft is committed to ensure that all affected parties are as well or better off after the project than before. Hence, the project has also contributed to new houses, school, new agricultural activities, afforestation as well as garbage- and sewage treatment facilities.

Increasing capacity by 17%

When finished, Devoll-project with 256 MW installed capacity will increase the power generating capacity of Albania by 17 percent.

The construction of the Moglice (183 MW) hydropower plant is ongoing, planned for commercial operation in 2018. Even this part of the project reached a major milestone this week, as the river was diverted from the dam site, making it possible to start dam construction.

The total investment of the Devoll project is estimated to approximately EUR 500 million.

Related Articles

INA intends to produce green hydrogen at Rijeka oil refinery

INA intends to produce green hydrogen at Rijeka oil refinery

30 November 2022 - The green hydrogen will be used to supply the transport sector in Croatia and for the refinery’s own consumption

Turkey new energy storage regulation to spur unseen investment boom

Turkey’s new energy storage regulation to spur unseen investment boom

30 November 2022 - EMRA Chair Mustafa Yılmaz said applications came in for storage in combination with renewables with a stunning 67.3 GW in total capacity

Greece remains world most attractive renewable energy markets RECAI

Greece remains among world’s most attractive renewable energy markets

29 November 2022 - EY kept Greece and Turkey in its Renewable Energy Country Attractiveness Index of 40 countries. In another ranking, Greece is second in the world!

romania popescu minister power storage battery

Romania to grant EUR 103.5 million for battery storage projects

29 November 2022 - The Government of Romania has launched a public call for EUR 103.5 million in grants for investments in electricity storage capacities