Albania has approved the development of two large-scale solar power plants in the Fier region, adding a further 140 MW of renewable energy capacity to the country’s expanding project pipeline.
The projects will be developed by domestic companies Fos Solar and Euron Solar PV following government approval. Both facilities are planned for southwestern Albania and are expected to be completed within three years, strengthening the country’s renewable energy expansion strategy.
The larger investment will be carried out by Euron Solar PV, which has been authorized to construct a 100 MW solar power plant. Once operational, the company will have the right to manage the facility for a period of 49 years, under a long-term concession framework.
Fos Solar will develop the second project, a 40 MW solar power plant operating under the same long-term arrangement. The company has also been granted a 49-year operating period after construction is completed, reflecting stable investment conditions for private developers.
The approvals underline Albania’s continued effort to diversify its electricity generation mix and attract private capital into renewable energy infrastructure. The Fier region has become one of the country’s most active solar development zones due to favorable irradiation conditions and available land resources.
Once completed, the two facilities will add significant clean generation capacity and support Albania’s broader goals of increasing renewable output and strengthening long-term energy security.
