Albania set to tender 300MW of solar power by June

The tender is being supported by the EBRD, with grant financing from the Swiss State Secretariat for Economic Affairs. Image: EBRD

Albania is set to launch a tender for 300MW of solar power as part of the European Bank for Reconstruction and Development’s (EBRD) renewable energy auction programme in the country. 

Albania’s Ministry of Infrastructure and Energy is working on plans to add an additional 1GW of renewable energy capacity through at least three steps, of which this 300MW tender is the first. Expected to be launched by June, the tender is being supported by the EBRD, with grant financing from the Swiss State Secretariat for Economic Affairs. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The initiative will help Albania achieve its goal of becoming a net exporter of renewable energy by 2030.

“Our work in Albania shows what can be achieved with the appropriate legal and regulatory framework, credible government commitments and the importance of the competitive running tenders. We are delighted to continue to support the country in meeting its ambitious targets,” said Gianpiero Nacci, director of sustainable business and infrastructure. 

EBRD has invested more than €1.9 billion in 137 projects across the country. According to EBRD, it promotes renewable solar and wind power in Albania through a combination of policy engagement, technical assistance and investment. The bank assisted Albania’s Ministry of Infrastructure and Energy with two solar auctions for a total of 240MW.

Other than solar projects, the EBRD is also working with the ministry on Albania’s first 150MW onshore wind auction. 

Earlier this month, the Bulgarian Ministry of Energy and the EBRD signed two agreements for the development of renewables in the country. A key part of the National Plan for Recovery and Sustainability, the agreements will support the growth of new solar PV capacity as well as energy storage within the national infrastructure for the storage of electricity from renewable energy sources (RESTORE).

The EBRD will conduct an analysis of all existing energy storage technologies in order to determine the best-suited ones for the country, and will also organise tenders for the delivery of two turnkey systems.

Read Next

June 13, 2024
The European Bank for Reconstruction and Development (EBRD) has formed a joint venture with German energy company Goldbeck Solar Investment to develop up to 500MW of solar PV in Ukraine.
April 25, 2024
Azerbaijan has announced its first solar auction, for a 100MW project in the eastern municipality of Gobustan.
April 23, 2024
Indian power company JSW Energy Limited has been awarded the contract for a 700MW solar PV project through its wholly-owned subsidiary, JSW Neo Energy.
April 18, 2024
The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter’s Tashkent solar-plus-storage portfolio.
April 5, 2024
Solar Energy Corporation of Indiahas allocated 1.5GW of solar capacity in a recent tender at an average price of INR2.56 (US$0.031) per kWh.
April 1, 2024
Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia