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As part of the European Bank for Reconstruction and Development''s (EBRD) Renewable Energy Auction programme in Albania, the Albanian government will launch a tender for 300 Megawatts (MW) of solar

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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.

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Who won a 100 MW solar plant in Albania?

The French renewables company Voltalia has won the contract for the construction and operation of a 100 MW solar plant in Albania following its successful bid in a tender run by the Albanian Ministry of Infrastructure and Energy. The European Bank for Reconstruction and Development (EBRD) supported the tender by providing technical assistance.

Why should Albania invest in solar power?

Matteo Colangeli, EBRD Head of Albania, commented: “The tender delivered another landmark for the development of solar power in Albania and will attract more high-quality foreign direct investment to the country. We are proud to be supporting Albania on the path to a sustainable and diversified energy sector.”

What is the largest solar power plant in Albania?

In late 2023 the 140MW Karavasta solar power plant was completed, having taken Voltalia of France 15 months to build, it is the largest in Albania to date. A 100 MW solar power project called Spitalla in Durrës area is planned to be built next. Albania has enormous potential for electric energy from wind power.

How does the EBRD support renewable solar power in Albania?

The EBRD has been a leading force in promoting renewable solar and wind power in Albania through a combination of policy engagement, technical assistance and investment. The Bank has so far assisted the ministry with two solar auctions for a total of 240MW.

How will the bank support Albania?

The Bank is also supporting Albania in launching the country’s first auction for utility-scale onshore wind power plants, expected in the weeks ahead. Projects totalling 150 MW of capacity will be eligible under the renewable-energy support scheme run by Albania’s Ministry of Infrastructure and Energy.

How much will Albania's power auction cost?

Balluku added that the maximum power price for projects supported by this auction would be €59.97/MW (US$65.24/MW), but that she expects to arrange lower prices for successful projects, pointing to a price of €24.89/MW (US$24.89/MW) agreed at another Albanian power auction as a benchmark for the latest tenders.