Who is building a solar park in Kosovo?

A consortium led by Switzerland-based construction company Orllati was selected to build and operate a solar park of up to 105 MW in connection capacity for 30 years including a 15-year contract for difference. The group won the first renewable electricity auction in Kosovo* with a bid of EUR 48.88 per MWh.

How will a solar power plant affect Kosovo's energy mix?

This will be the first large-scale solar photovoltaic plant in Kosovo and will increase installed capacities tenfold from 10.1 MW to 110.1 MW. As a result, the share of solar power in the energy mix of Kosovo will increase from 0.2% to 2.3%. The plant is expected to produce around 152 GWh of electricity and save 152,000 tonnes of CO2 annually.

Is the electricity sector in Kosovo based on coal-fired power plants?

The electricity sector in Kosovo* is almost entirely dependent on coal-fired power plants (97%). This investment project will install a solar photovoltaic plant of up to 100 MW capacity on former ash dump fields near Kosovo A thermal power plant.

Does Kosovo have a solar power plant?

As a result, the share of solar power in the energy mix of Kosovo will increase from 0.2% to 2.3%. The plant is expected to produce around 152 GWh of electricity and save 152,000 tonnes of CO2 annually. The EU co-funds the investments under Flagship 4 - Renewable energy - of the Economic and Investment Plan for the Western Balkans through the WBIF.

Why is the EIB funding a solar plant in Kosovo?

The EIB is providing €33 million for the construction of one of Kosovo’s largest solar photovoltaic plants. The new plant will contribute to higher energy security and the phasing out of coal-based power generation.

Why is Kosovo building a photovoltaic plant?

Kosovo’s Minister of Finance, Labour and Transfers Hekuran Murati said: “The signing of today's agreement for the construction of the photovoltaic plant is a landmark moment as Kosovo advances its initiatives to secure renewable energy use for its citizens.