How much solar power does North Macedonia have?

Solar power Built on a former lignite open pit mining site, North Macedonia's Oslomej solar park will have an installed capacity of 120 MW when fully completed. © Ciril Jazbec

How is electricity produced in North Macedonia?

North Macedonia is a net importer and domestic electricity is produced almost entirely from ESM’s power plants. Electricity imports amount to approximately 20-30% of the total domestic electricity consumption and are mostly required to meet peak winter demand.

Does North Macedonia rely on fit?

North Macedonia has multiple small private PV plants (less than 1 MWac) with 24MWac of installed capacity benefiting from FiT. The 10MW Oslomej PV plant financed by the Bank (50415) is the first utility size plant of this kind in the country and the first one to not rely on the FiT regime.

Should North Macedonia accelerate the transition to renewables?

Like others in the region, North Macedonia must balance its need to rapidly accelerate the transition to renewables to secure its energy future with the need to ensure that future is one where both the country’s nature and people thrive.

Is North Macedonia a biodiversity hotspot?

However, despite its small land area, North Macedonia also stands out as a biodiversity hotspot, housing a significant portion of Europe’s biodiversity. This includes 64% of the continent's bird species and 34% of mammal species—all on an area smaller than 0.3% of the European subcontinent.

Is North Macedonia a good candidate for smart sitting?

Seeing the country’s forward-thinking approach to renewables and natural beauty, The Nature Conservancy (TNC) identified North Macedonia as a prime candidate for the implementation of the smart siting approach currently being undertaken in Croatia and Serbia as well.