The European Bank for Reconstruction and Development (EBRD) is providing a €5.9 million loan to Macedonian state-owned electricity company ELEM to build a large-scale solar power plant on the site of a former lignite coal mine.
German Electro-Mechatronic Systems (GES), a Germany-headquartered company with a background in LED lighting, has signed a deal to manufacture solar PV panels and LED lights in Macedonia.