Gemtech to develop 10 MW solar project in Albania's Fier

by   CIJ News iDesk V
2024-05-08   09:46
/uploads/posts/cc502f446ac6888839b24619e35dad83cdfa7fc6/images/1504248331.jpg

The Albanian unit of Hungarian crane manufacturer Gemtech plans to develop a 10 MW solar photovoltaic power plant near the southwestern city of Fier, according to the energy ministry in Tirana.

The solar park will not operate under a concession contract with the government, nor will it benefit from government incentives. The project’s total investment value has been estimated at 4.6 billion Hungarian forints.

The Hungarian Export Development Agency is supporting the project with a grant of 2.53 billion forints. Annual renewable production is projected at 12 GWh.

Switzerland
Albania
Asia
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Central Europe
China
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Spain
Hungary
India
Italy
Kosovo
Latvia
Lithuania
Luxembourg
Moldova
Montenegro
Netherland
North Macedonia
Norway
Poland
Portugal
Romania
Russia
Serbia
Slovakia
Slovenia
Sweden
Ukraine
United Kingdom
USA