The French developer will sell 70% of the power generated by the facility to Albanian power utility Operatori i Shpërndarjes së Energjisë Elektrike SH.A. (OSHEE) under a 15-year PPA and the remaining portion will be sold on the spot market.
The Italian gas contractor started to develop three green hydrogen projects in the southern Italian region of Apulia and has identified land for potential projects in Albania and Morocco.
The country’s third large-scale solar plant will be built near Durrës, a port city on the Adriatic Sea in western Albania.
Korporata Elektroenergjetike Shqiptare began development of the €13.9 million facility in December 2018. The European Bank for Reconstruction and Development is considering lending €9.5 million to a project which it is said would help reduce the electric company’s reliance on hydro revenues.
Norway’s Statkraft is building a 2 MW floating PV array, first announced a year and a half ago, at its 72 MW hydropower plant in Albania’s Elbasan region. Norwegian floating PV specialist Ocean Sun has agreed to supply tech for the €2 million plant.
The project was awarded to French developer Voltalia. The plant will be located in the Karavasta area, in the centre of the country.
The country’s second large scale solar plant will be built in the Karavasta area, in the centre of the country. Half the energy produced will earn a tariff payment of no more than €55/MWh, the rest will be sold on the energy market.
The Armenian solar market has been somewhat slow to take off, but it could be experiencing a serious push, following an announcement that Abu Dhabi-based energy company Masdar plans to deploy 500 MW of solar and wind capacity in the country.
The scheme will be open to renewable energy systems not exceeding 500 kW in capacity. The Albanian government expects the program to enable the deployment of 200 MW of PV.
The new net metering tariff will be equal to market prices and will go into force as soon as the Albanian government approves it. According to a local interest group led by Albanian company EuroElektra, that could happen within the next two weeks. Overall, the scheme could facilitate the installation of around 200 MW of solar power.
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