The Government of Kosovo Signed an Agreement with IFC to Support Development of a 50 MW Solar PV Power Plant
/29th January 2021, RENEWABLE MARKET WATCHTM/ The Government of Kosovo has recently signed an agreement with IFC to help attract a private partner to develop a 50 MW solar photovoltaic (PV) power plant under a structure. The Kosovo Solar project will be implemented through a competitive tender to achieve procurement of lower-cost solar energy. The Republic of Kosovo has a population of 1.8 million and the energy generation in the country is heavily dependent on two old lignite coal-fired power plants with high CO2 emissions. The coal-fired power plants, which cover 91% of the energy generation, reach the end of their operational life and will soon need serious investments for modernisation or decommissioning. Therefore, Kosovo needs viable energy alternatives to build a more flexible power generation strategy with the increased use of renewable energy. Kosovo has solar, wind, hydro and biomass resources available that are more than sufficient to meet the country's energy supply needs, has been mentioned in the regular update of 'Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2021÷2030'.
Renewable Energy Incentives in Kosovo
The main scheme supporting renewable energy sources in Kosovo is a feed-in tariff. The public energy supplier must pay a regulated tariff for the electricity generated from renewable energy sources. The grid operator is obliged to connect to his system any energy generating plant meeting the connection conditions. Renewable energy is given priority in the assessment of the grid connection application.
The Assignment involves conducting a review of existing materials relevant to renewable energy development in Kosovo, designing a competitive bidding process for supporting renewable energy (including solar photovoltaic), preparing the documentation needed for the country’s first renewable energy tender, and providing implementation support to Authorities to administer the tender.
Solar Resource in Kosovo
The annual radiation on a solar collector panel directed towards the south and with an optimum inclination of 35 degrees (calculated optimum inclination) varies between 1,550 kWh/m2/year and 1,650 kWh/m2/year in Kosovo. The variation between the various municipalities is less than 10 %. For design purpose, it can be considered that the solar radiation is the same all over Kosovo and equal to 1600 kWh/m2/year for an ideally located solar PV module. Energy yield is between 1,180 and 1,310 kWh/kWp.
Key Power Market Stakeholders in Kosovo
The energy market in Kosovo is maintained and made up of several actors in regulation-,distribution- and production sectors. The key actors are The Energy Regulatory Office (ERO), Ministry of Economic Development (MED), Independent Commission for Mines and Minerals (ICMM), Kosovo Competition Commission (KCC), Transmission System and Market Operator, (KOSTT), Kosovo Electricity Distribution Company (KEDS), Kosovo Electricity Supply Company (KESCO) and Kosovo Energy Corporation (KEK).
Key Renewable Projects in Kosovo
Local brewer Peja Beer invested 5 million euros into Kosovo’s first solar photovoltaic power plant. On a sunny day in late October, the 6 MW park outside the western town of Gjakova was producing 3.6 megawatt-hours of electricity.
Jaha Solar is a new business in the Energy sector of Kosovo and an innovator in this field in our country for the manufacture of solar panels. With its manufacturing capacity, Jaha Solar aspires to the wide placement of productivity in the international arena. The capacity and willingness to cover purchase requests is mobilized by professional and well-prepared staff from the area of technology, machinery and electricity, young human resources, very collaborative in readiness to consider the needs of local and international clientele. Jaha Solar factory will continue its investment by running the additional strategic project in creating a production capacity of up to 200 MW solar panels per year.
More information about the solar power market in Kosovo, including full contact details of renewable energy project owners, developers and stakeholders, you may read here: ’Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2021÷2030’. Furthermore, you may receive up to 4 quarterly updates.
To download the executive summary brochure with sample pages for the solar sector, please access from here: Western Balkans Solar Photovoltaic (PV) Power Market Outlook - Sample
For a better understanding of benefits from using our reports, you may read here: Benefit List - Reports of Renewable Market Watch - 2021
About Renewable Market Watch™
Renewable Market Watch™ is delivering strategic insight into emerging renewable energy markets through its experienced research team and cutting edge predictive analytics data platform. We partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets of the Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (former Soviet Union), LATAM countries and MENA countries. For more information about Renewable Market Watch™ please visit:
http://renewablemarketwatch.com/about-us
