Albania

Albania: KESH launches insurance tender for mobile gas-fired power plants in Vlore

Albanian state-owned power company KESH has launched a tender to obtain insurance coverage for two mobile gas-fired power plants and their associated infrastructure located in Vlore, with an estimated budget of around 1.8 million euros. The 12-month insurance policy will cover two barge-mounted generation units along with the permanent facilities they depend on. These assets […]

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Albania approves 62 MW solar power plant led by Turkey’s Fortis Energy

The Albanian government has approved the construction of a 62 MW solar power plant in the village of Tac Larte, situated in the southeastern part of the country. The project will be developed by Turkish renewable energy company Fortis Energy, representing another step in Albania’s push to expand its clean energy production. The newly approved

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Albania resumes costly electricity imports amid drought and high temperatures

High temperatures and a prolonged lack of rainfall have compelled the Albanian Power Corporation (KESH) to resume purchasing electricity from the international market. Over the past two weeks, KESH organized four auctions, spending a total of €14 million to cover domestic energy needs. The electricity was bought at an average price of €95 per megawatt-hour.

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Albania: ALPEX records 124.5 GWh of electricity traded in May 2025, down from previous year

The Albanian electricity exchange ALPEX reported that a total of 124.5 GWh of electricity was traded on the day-ahead market in May 2025. This marks a 2.6 percent decline compared to the previous month and a 7 percent decrease compared to May 2024. Of the total volume, 67.5 GWh was traded for the Kosovo bidding

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Albania: Gramozi Green Energy plans 38 MW photovoltaic plant in Kolonja

Albania’s energy ministry announced it has received an expression of interest from the local renewable energy company Gramozi Green Energy to construct a 38 MW photovoltaic plant near the southeastern town of Kolonja. The project is a fully private investment and will not benefit from any government partnership or incentives, according to a notice from

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Albania launches licensing process for Fier 170 MW gas-fired power plant

The Albanian Energy Regulatory Authority (ERE) has initiated the formal licensing process for Fier Thermoelectric, a company established by the Greek gas firm DEPA Trade. The license concerns the development of a new 170 MW gas-fired thermal power plant near the city of Fier in southwestern Albania. As part of the regulatory procedure, ERE has

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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

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