Friday, March 29, 2024 | Ramadan 18, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Albania seeks bids for first solar plant on Adriatic coast

1410525
1410525
minus
plus

TIRANA: Albania has called for bids to build the Adriatic country’s first solar power station, telling investors it would favour whoever committed to ramping up capacity and selling power more cheaply to its distributor, officials said.


With more than 90 per cent of Albania’s power being produced from rivers and a newly built power plant not functioning, the Socialist government of Prime Minister Edi Rama wants to install 120 megawatts of solar and 70 MW of wind power capacity by 2020.


Albania expects an investment of around 70 million euros.


Under the bidding rules, any company meeting the technical and financial criteria will be awarded 70 points.


The remaining 30 points, which will most likely decide the outcome, will be given to the company choosing to sell at a cheaper rate to the OSSHE power distributor monopoly, securing a guaranteed buyer for the first half of the renewable 30-year-deal.


It would also give points to whichever bidder commits to adding 20-50 MW to the original 50 MW capacity of the photovoltaic panels. Power from the extra capacity would be sold freely.


The salty lands at Akernia near the Adriatic seaport of Vlore have been chosen as the location of the plant because it has the highest potential solar power efficiency. Its potential solar power output is estimated at more than 1,600 kilowatt hours per square metre. — Reuters


SHARE ARTICLE
arrow up
home icon