Will Albania have a solar power project?

The Ministry of Infrastructure and Energy of Albania received four applications for solar power projects with a combined capacity of 235 MW. A proposed unit in Fier, the country’s photovoltaics hub, would be the second-biggest in the country. Solar power accounts for 6% of electricity production in Albania.

Why does Albania need to import energy?

Changing weather patterns over the years have forced the country to import energy to cover domestic needs, as a lack of storage capacity requires Albania to sell its generated power during peak months of production.

Could a photovoltaic unit be the second-biggest in Albania?

A proposed unit in Fier, the country’s photovoltaics hub, would be the second-biggest in the country. Solar power accounts for 6% of electricity production in Albania. More than half of the photovoltaic output is from the Karavasta facility, the biggest of its kind in the Western Balkans. It has 140 MW in peak capacity.

Is Albania a good place to invest in renewables?

Opportunities for renewables, and especially for solar and wind energy, are extensive in Albania. According to IRENA’s Renewables Readiness Assessment report (2021), the solar radiation is very high throughout most of its territory, with the country enjoying some of Europe’s highest number of sunshine hours per year.

Does Albania have a wind power capacity?

Although Albania has currently no wind power capacity, the country also presents a significant cost-competitive wind potential based on IRENA’s estimates.

Does Albania need a diversified energy production mix?

The government of Albania seems to have already acknowledged the need for a diversified energy production mix. The Minister of Energy and Infrastructure, Belinda Balluku, has repeatedly highlighted that one of the key pillars of focus is the national strategy on energy diversification.