Construction begins on 140-megawatt solar power plant in Albania
Post date: 04/07/2022 - 15:31
French wind and solar power producer Voltalia on Friday (July 1) began construction of the Karavasta solar power plant in Albania, which at 140 megawatts will be the largest photovoltaic plant »in the Western Balkans« (in addition to Albania, this includes Serbia, Bosnia and Herzegovina, Montenegro, Kosovo and northern Macedonia). Completion of the plant, for which Voltailia is also responsible for planning, construction and operation, is scheduled for the second half of 2023.
Voltalia was awarded the project back in January 2020 as a result of a tender conducted by the Albanian Ministry of Infrastructure and Energy with the support of the European Bank for Reconstruction and Development (EBRD). Under the terms of the tender, Voltalia is to operate the plant for 30 years and sells 50 percent of the electricity output to the public grid operator OST through a 15-year contract. The company plans to market the remaining half through long-term contracts.
Voltalia is currently planning another solar power plant in Albania: The contract for the 100-MW »Spitalla« project was awarded in May 2021, with completion scheduled for 2024.