US solar energy firm SunPower agrees Albania market entry

Photo: Pixabay


March 13, 2018






March 13, 2018





US solar energy company SunPower Corporation has entered into an agreement to launch sales for the first time ever in Albania through local wholesaler EuroElektra, the Albanian company has said, according to media reports.

Under the agreement, the San Jose, California-based company’s photovoltaic (PV) products will come with a warranty of up to 25 years in Albania.

SunPower Corporation designs, manufactures, and delivers innovative solar solutions and services to a diverse group of customers, including residential customers, businesses, governments, and utilities worldwide, according to the company’s website.

In May 2017, the Albanian Ministry of Infrastructure and Energy and the European Bank for Reconstruction and Development (EBRD) signed a memorandum of understanding on stimulating investments in solar energy through an auction-based system.

“The government and the EBRD will cooperate in developing and implementing a framework for the allocation, through a competitive bidding process for private investors in the building, owning and operating of solar power projects in Albania with a total combined capacity of 50-100 MW, ”EBRD Head of Albania Matteo Colangelisaid at the time.

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

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW


Croatia’s long-awaited grid connection fee may unlock EUR 1 billion in renewables investment

13 June 2024 - By 2030, Ivo Milatić expects renewable sources will account for 8 GW of Croatia’s 10.5 GW electricity production capacity

Milos Mladenovic, SEEPEX

D&G ideas as a response to the challenges of the energy transition or how we came to love Baudrillard

13 June 2024 - We discussed the European electricity market post-energy crisis, delving into its causes, as well as future trends in the energy market and global economy development, with SEEPEX director, Miloš Mladenović