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Increasing interest for photovoltaic parks: Hydro Valbona wants to build one in Tropoja

August 2, 2017 by AEA in News

There is an increasing interest of Albanian enterprises for building photovoltaic parks throughout the country.

Solar energy has received a lot of attention as the government decided to target energy production from alternative sources in order to reduce Albania’s dependence on hydropower, which currently accounts for almost 100% of its production.

The Ministry of Energy and Industry reports that the company Hidro Valbona has expressed interest for the construction of a 2 MW photovoltaic park in the western part of the village of Topoje, Fier.

The company with experience in the field of electricity generation and sale mainly from hydro power plants is seeking to invest an estimated 2.4 million euros.

The project will be extended to a total area of ​​20,000 square meters in the vicinity of the village of Topoja.

In case of approval of the project, the construction and operation of this photovoltaic park will be entirely at the expense of the interested company, while the Albanian state will support this initiative by setting a minimum price for the purchase of energy.

According to research findings on the creation of support for solar and wind energy, this price for 2017 would be 100 euros per MWh, and would drop to 50 euros per MWh by 2050.

Only after the adoption of this scheme, at least MEI have achieved at least 6 expressions of interest to build photovoltaic parks, as they are even more appropriate than wind power generation in the case of our country.

August 2, 2017
albania photovoltaic parksAlbanian enterprisesHydro ValbonahydropowerMinistry of Energy
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AEA – Albania Energy Association is a industry association dedicated to representing the interests of Albanian and West Balkan for energy producers and consumers. AEA works to advance the development and adoption of sustainable energy solutions in Albania and the Western Balkans, supporting the region’s transition toward a cleaner, more secure, and more competitive energy future. AEA is registered by decision of the Court of Tirana, DECISION NO. 3032, (VAT:L11827451K).

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