Voltalia Powers Up 140MW Karavasta Solar Park in Albania
- Voltalia has completed the construction of its 140-MW Karavasta solar park in Albania. 200HA of land will offset 29,160 tonnes of CO2 emissions, enough to meet the annual consumption of 220,000 residents. With a 15-year contract for half its output, Karavasta is part of Albania's goal to reach 54.4% renewables share by 2030.
Voltalia, a French renewable power plants operator, has completed the construction of its 140-MW Karavasta solar park in Albania. The project covers 200 hectares of land and is expected to produce enough electricity to meet the annual consumption of 220,000 residents. It will also offset 29,160 tonnes of carbon dioxide emissions yearly. The plant was among the winners of Albania's first EBRD-backed solar power auction and secured a 15-year contract for half of its output. The remaining electricity will be sold to private operators. Karavasta is part of Albania's goal to reach a 54.4% renewables share in gross energy consumption by 2030.
What Benefits Will Albania's 140-MW Karavasta Solar Park Bring?
- Karavasta Solar Park will be able to provide electricity to 220,000 residents, offsetting 29,160 tonnes of carbon dioxide emissions.
- The 15-year contract will provide half of the solar park's electricity to private operators.
- This project is part of Albania's goal to increase the nation's renewable energy output to 54.4% by 2030.
- Karavasta Solar Park is expected to be a major source of employment for the local community.
- The solar park will contribute to the local economy by providing revenue for the local government.
- The project is also expected to boost Albania's energy independence and reduce its reliance on imported energy sources.
- The solar park will be an important step towards the sustainable development of Albania, as it will reduce the nation's CO2 emissions and increase its renewable energy output.