About Solar power system price inia Albania
The government has shortlisted nine bidders with an average offered price of €0.0513/kWh for 283.9 MW of preselected capacity.
The government has shortlisted nine bidders with an average offered price of €0.0513/kWh for 283.9 MW of preselected capacity.
Albania said it would agree to the fixed price for half of the 140 MW solar power plant in Karavasta for 15 years, while the contract is for 30 years. Prime Minister Edi Rama and Minister of Infrastructure and Energy Belinda Balluku announced that French company Voltalia won at renewable energy support auction with a bid of EUR 24.89 per MWh.
Eight consortiums won 15-year power purchase agreements (PPAs) today in Albania for their solar power projects as the Ministry of Infrastructure and Energy opened their bids. The difference from the past two successful competitive bidding processes for photovoltaics, for the sites of Karavasta and Spitalla, this time the investors were .
The maximum acceptable price is EUR 59.97 per MWh, so project developers with the lowest bids will be selected until fulfilling a total of 300 MW in capacity. Albania needs solar, wind power to balance hydroelectric production.
Solar power produced by photovoltaic plants with an installed power capacity up to 2MW will be purchased by the Albanian government for a price of Euro 100 per Megawatt. The Energy Regulatory Entity (ERE) decided and approved the price that the Albanian government will pay for solar and wind power produced by private photovoltaic and Eolic plants.
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