Albania

Albania advances solar energy amid shifts in national energy production

The Albanian government has approved the development of two new solar power plants in the southwestern part of the country. These projects will have a combined installed capacity of 107 megawatts. Local solar developer Albania Solar Power is set to construct an 82 MW photovoltaic plant, while another company, Power Energy, will develop a separate […]

Albania advances solar energy amid shifts in national energy production Read More »

Albania: Electricity production drops in Q1 2025 amid rising imports and lower exports

According to the Albanian Institute of Statistics (INSTAT), Albania produced 2,234 GWh of electricity in the first quarter of 2025, which is 9.8% less than the 2,478 GWh produced during the same period in 2024. Electricity exports totaled 738 GWh, down 10.1% year-on-year, while imports rose significantly by 43.4%, reaching 767 GWh. Hydropower remained the

Albania: Electricity production drops in Q1 2025 amid rising imports and lower exports Read More »

Albania: Statkraft completes feasibility study for major pumped storage project

Norwegian renewable energy company Statkraft has completed a feasibility study for a proposed pumped-storage hydropower plant in Albania, which could have a capacity of up to 1,620 megawatts (MW). The project would expand upon the existing Moglica hydropower plant on the Devoll River, and the formal proposal has now been submitted to Albanian authorities for

Albania: Statkraft completes feasibility study for major pumped storage project Read More »

Albania advances first natural gas power plant project in Fier

Albania is moving forward with a major energy diversification effort as its first natural gas-fired power plant enters the financing stage. The plant, to be built in Roskovec, Fier County—a region already known for its solar energy development—is being developed by Fier Thermoelectric, a joint venture between Greek companies GEK Terna and DEPA Trade, along

Albania advances first natural gas power plant project in Fier Read More »

Albania: KESH partners with AFD to modernize Drin River hydropower plants

Albania’s state-owned energy company, KESH, has signed a cooperation agreement with the French Development Agency (AFD) for a technical assistance grant valued at €800,000. This grant aims to support operational improvements and enhance oversight of the three major hydropower plants along the Drin River. Through this partnership, AFD will deliver specialized technical expertise to advance

Albania: KESH partners with AFD to modernize Drin River hydropower plants Read More »

Scroll to Top