News
28 May 2020
Voltalia wins tender to build, operate 140MW solar plant in Albania
In:
Renewable energy
Region:
Europe
French renewables company Voltalia has won a tender to build and operate a 140MW solar plant at the Albanian coastal site of Karavasta.
It will sell half the electricity it produces to the Albanian state for a price of €24.89 per MW/hour, with the remaining half sold in the market. The price is less than half the ceiling of €55.
It follows three years of preparation for entry into the solar market from the European Bank for Reconstruction and Development, including technical assistance and policy dialogue to help develop solar power.
