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has opened a new office in Tirana, Albania to support its local growth in the country. The office will be staffed by 23 employees, mostly Albanians,

Albania has approved the installation of two solar farms with a total capacity of 70.56 MW in the south-central part of the country. The company Albania Power Core has been given the go-ahead to build a 40.56-MW solar farm in the village of Sheq Marina in Fier municipality. Another company, Alb Sun Energy, has received approval to construct a 30-MW park in Povelce village in Fier. Both companies have been granted a 49-year operating period for their solar projects.The government's decision to approve these solar projects is a step towards increasing renewable energy sources in Albania. The country aims to diversify its energy mix and reduce its reliance on fossil fuels, contributing to a more sustainable future. The approval of these solar farms will not only help in achieving these goals but also create job opportunities and boost the economy in the region. How will the approval of two solar farms in Albania impact the country's energy goals? The approval of two solar farms in Albania will contribute to the country's goal of increasing renewable energy sources in its energy mix. By reducing reliance on fossil fuels, Albania aims to move towards a more sustainable future. The construction of these solar farms will create job opportunities and stimulate economic growth in the region. The 70.56 MW capacity of the two solar farms will significantly add to Albania's renewable energy generation capacity. The 49-year operating period granted to the companies will ensure long-term benefits for the country's energy goals.

Bank (EIB).Voltalia has energized its 140-MW Karavasta solar park in Albania. Located in the Fier area of southwestern Albania, the Karavasta plant

Bank for Reconstruction and Development (EBRD) is lending EUR29 million to an Albanian special-purpose automobile, owned by France's Voltalia, to develop the 140 MW

Albania has turned to solar power as a way to reduce its reliance on fossil fuels and increase energy production. The Karavasta power station, located on 200 hectares of land provided by the Albanian government, has 234,828 new solar panels that will generate 140 megawatts of electricity, powering hundreds of thousands of homes in the country. During the construction of the power station, specific projects were created to protect the local species of frogs, as well as bird diverters to protect the migratory flyways and nesting areas for pelicans and pink flamingos. The project also included the appropriation of land from 53 families, who will be reimbursed by the state and Voltalia. In the coming weeks the Karavasta solar power plant will be connected to the Albanian energy grid. What Benefits Will Albania Reap from Karavasta Power Station? The benefits Albania will reap from the Karavasta Power Station include: Increased energy production to power hundreds of thousands of homes Reduced reliance on fossil fuels Reimbursement of 53 families for land appropriation Protection of local species of frogs Bird diverters to protect migratory flyways and nesting areas for pelicans and pink flamingos Increased job opportunities related to the construction and maintenance of the power station Increased revenue for the Albanian government due to the sale of electricity produced by the station Increased energy independence from other countries

actually begun building and construction of the 140MW Karavasta solar farm in Albania. The developer won a 30-year concession for Karavasta in 2020 from the

hr for wholesale electrical energy is stunning. This is a wonderful result for Albania and for the Western Balkans overall," claimed Harry Boyd-Carpenter, EBRD

Albania has launched a tender for the construction of 300 MW of solar photovoltaic (PV) parks as part of its plan to become a net exporter of renewable energy by 2030. The tender, which opened on Monday and will close on May 17, will accept proposals with capacities ranging from 10 MW to 100 MW. The government will award successful candidates 15-year contracts for their plants' future output. The names of the winners will be announced on July 10. The tender is supported by the Swiss State Secretariat for Economic Affairs and the European Bank for Reconstruction and Development.This is the third solar tender held by Albania, which aims to deploy 1 GW of solar power capacity by the end of the decade. The government will no longer provide land rights for individual projects, as it has done in the past. The competitive round has set a cap of EUR 59.97 (USD 65.28) per MWh for offers. What is the capacity range for proposals in Albania's latest solar tender? The capacity range for proposals in Albania's latest solar tender is from 10 MW to 100 MW. The tender aims to construct 300 MW of solar photovoltaic (PV) parks. The government plans to award successful candidates 15-year contracts for their plants' future output. The winners of the tender will be announced on July 10. The tender is supported by the Swiss State Secretariat for Economic Affairs and the European Bank for Reconstruction and Development. This is the third solar tender held by Albania. Albania aims to deploy 1 GW of solar power capacity by the end of the decade. The government will no longer provide land rights for individual projects. The competitive round has set a cap of EUR 59.97 (USD 65.28) per MWh for offers.

well as Development's (EBRD's) renewable resource public auction programme in Albania, the investment bank stated on Monday. The suggested tender will certainly

globally and also Europe's biggest generator of renewable resource, exists in Albania via its wholly-owned subsidiaries Devoll Hydropower and also Statkraft

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

project, first revealed in January 2019, at the Banja hydropower reservoir in Albania. It is creating the EUR2 million plant in partnership with Norwegian floating

Albania's Ministry of Infrastructure and Energy has announced the victor of the tender for the building and construction of a 140 MW solar power plant in the Karavasta area, in the centre of the country. According to the European Bank for Growth and Repair, which aided the Albanian government in preparing and holding the tender, French solar company Voltalia safeguarded the task thanks to a quote of EUR0.02489/ kWh. "This rate-- less than half the ceiling of EUR55-- validated the value of preparing a tender in accordance with worldwide ideal method," the international lender claimed. The solar park will certainly be built on 122ha in the Divjaka town, in Remas, and on a further 76ha in the Fier district of Libofsha. The government said building and construction will certainly not affect the secured Karavasta Shallows. Under the terms of the tender, half the energy produced by the plant will make the granted toll with the remainder sold on the wholesale energy market. The procurement exercise is the 2nd tender for big scale solar in Albania. A previous public auction, for a 100 MW solar park, was won by India Power in November 2018. Fifty percent of that job was awarded a 15-year toll of EUR0.0599/ kWh with the equilibrium sold on the retail power market. Albania supports rooftop PV with a net metering system codified in June.

be the third auction for large solar power plants in the country. In August Albania signed a contract for the 140 MW Karavasta project with Voltalia, which would

and construction of the solar park is expected to start in the summer. Albania creates over 90% of its power from HPPs, the majority of it from three power