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Albania

EBRD Provides Up to €15 million to Montenegro’s Electricity Transmission System Operator to Upgrade its 220 kV Overhead Transmission Line Connecting Montenegro with Albania and Bosnia and Herzegovina

/LONDON, March 13, 2026, 10:00 GMT, RENEWABLE MARKET WATCH™/ The European Bank for Reconstruction and Development (EBRD) has announced its commitment to support Montenegro's energy infrastructure by extending a loan of up to €15 million to Crnogorski Elektroprenosni Sistem (CGES), the nation’s electricity transmission system operator. This financial assistance is aimed at facilitating the comprehensive upgrade of a crucial 220 kV overhead transmission line that serves as a vital link between Montenegro and its neighbouring countries, Albania and Bosnia and Herzegovina.
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Albania and Bulgaria are the Newly Accepted Members of the Association of Issuing Bodies (AIB)

/BRUSSELS, May 31, 2024, 11:00 CEST, The Association of Issuing Bodies (AIB)/ The Association of Issuing Bodies (AIB) informed today on its LinkedIn profile that Albania and Bulgaria are accepted as full association members. With a main focus on supporting the energy transition for all stakeholders, AIB aims to unite the European issuing bodies of energy attribute tracking systems for all energy carriers and technologies, thereby using a decision-making structure that respects their varying identities while allowing for continuous evolution. Memberships were registered for Bulgaria’s Sustainable Energy Development Agency (SEDA) and Albania’s Energy Regulatory…
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Western Balkan Countries are the Newfound Hotspot for Solar Photovoltaic (PV) Energy Investments in Europe, Reveals the Renewable Market Watch™

/LONDON, March 16, 2023, 11:00 GMT, RENEWABLE MARKET WATCHTM/ Between 2012 and 2022, the Western Balkan Countries increased their solar power capacity 11 times. Western Balkans became one of the fastest-growing regions in Europe, with a 28.1 per cent increase in cumulative solar photovoltaic (PV) installed capacity in 2022 compared with 2021. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries in this region is underdeveloped and is forecasted to grow significantly. Energy demand in the region is constantly increasing,…
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Renewable Market Watch™ published a new report Titled ‘Western Balkans Solar Photovoltaic (PV) Power Market Outlook – Industry Analysis, Deal Tracking, Growth, Investment Volume, Country Ranks, Share, Size, Trends, and Forecast 2023 – 2032’

/LONDON, December 12, 2022, 11:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offer an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2023 ÷ 2032. Newly installed PV capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. Energy demand in the region is constantly increasing, according to…
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EBRD Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine

/28th January 2021, Vanora Bennett, EBRD, RENEWABLE MARKET WATCHTM/ The Organisations behind the Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine agreed to join efforts to support the transition away from coal and towards a low-carbon and climate-resilient future in the Western Balkans and Ukraine. Participants including the European Bank for Reconstruction and Development (EBRD),World Bank Group, the College of Europe (Natolin campus), the Energy Community Secretariat, the European Commission and the government of Poland kicked off discussions on how to support the regions in phasing out…
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EBRD to Support Renewable Energy Transition in Western Balkans Region

/1st October 2020, EBRD, RENEWABLE MARKET WATCHTM/ The EU has one of the most ambitious energy and climate policies in the world. Its clean energy transition is well underway. "I am glad that benefits already can be seen in terms of "greening" of economies, less dependency on imported fuels, and greater domestic investments in ecologically sound approaches", said Christian Danielsson, Director General for European Neighbourhood Policy and Enlargement Negotiations. 
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Albania to Install its First Floating Solar Photovoltaic Power Plants

/16th July 2019, RENEWABLE MARKET WATCHTM/ Albanian local power utility Korporata Elektroenergjetike Shqiptare (KESH) has submitted in December 2018 a proposal to the Ministry of Transport and Infrastructure for the construction of a 12.9 MW floating PV plant. According to the document, the facility will be installed at the water reservoir of the Drin River near Vau i Dejës, a town in the Shkodër County, northwestern Albania, where KESH is operating the 260 MW Vau i Dejës Hydroelectric Power Station. The plant will sell power to the electricity spot market, the…
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Two Companies Eyeing Karaburun in Albania for Wind Farm Investments

/2nd May 2018, Scan TV, RENEWABLE MARKET WATCHTM/ The first proposals for investments in wind farms have been submitted to the Albanian Ministry of energy and Infrastructure. The institution announced that the first applications for the wind farm construction were submitted by EURUS ltd and WF ENERGY ltd companies, Scan TV reported. Each of the companies expressed interest in investing in renewable energy in Albania. Moreover, investors say that the optimal site for the wind turbine construction would be a 450,000 square meters area in Karaburun Peninsula, Vlora area. The…
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