A joint venture consisting of two local companies – Blessed Investment and Matrix Konstruksion, applied for a building permit for a solar power plant in the Sheq Marinas region, near the city of Fier in southwestern Albania and the future solar power plant will have an installed capacity of up to 50 MW, said the Albanian Ministry of Energy and Infrastructure, without providing any further detail regarding the project.
Albanian Government is preparing a tender for the construction of a 100 MW solar power plant in Spitalle in northern part of the country. This would be the third tender for the construction of large-scale solar power plants launched by the Government. In the first tender launched in 2018, the concession for the construction of the facility near Vlore in southwestern Albania was awarded to India Power Corporation. Estimated cost of the project is around 70 million euros. The winning bid provides electricity at the price of 59.9 euros/MWh for 50 MW installed capacity for 15 years, as well as additional 50 MW of installed capacity for which no subsidies apply. However, there were no activities related to this project in the past two years. The second tender was concluded in August, when the Government signed a concession agreement with French Voltalia for the construction of 100 MW solar power plant in Karavasta, a project estimated to 100 million euros. Voltalia is obliged to sell half the electricity produced at the solar power plant to Albanian electricity distribution company OSHEE at the price of 24.89 euros/MWh for a period of 15 years, less than half the price ceiling of 55 euros, while the remaining half will be sold in the market. The concession agreement is valid for 30 years.