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Albania’s Hydro Power Generation Falls 39.1% in 2019
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Albania’s Hydro Power Generation Falls 39.1% in 2019

TIRANA, March 5 The latest numbers on the power sector in Albania seem to point out that climate change could cloud the hydropower sector in a rainless future. According to the Institute of Statistics (INSTAT), Albania’s net electricity generation in 2019 decreased by 39.1 percent compared to 2018. The data show that public hydropower plants...

How to Gain Energy Independence with Solar Panels
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How to Gain Energy Independence with Solar Panels

TIRANA, January 7 Both residential and commercial consumers of electricity in Albania have the right to gain energy independence through the use of solar panels. According to the Albanian Power Distribution Operator (OSHEE), those consumers must install a bi-directional electricity meter. The device will measure the amount of electric energy consumed by the residence or...

Six Photovoltaic Plants Connected to the Grid in Jan-Aug 2019
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Six Photovoltaic Plants Connected to the Grid in Jan-Aug 2019

TIRANA, October 18 Six companies started producing electricity from solar power in 2019 from photovoltaic plants with installed capacity up to 2MW. Official data on electricity generation for January-August 2019 show that these subjects generated 15,602MWh electricity from solar power. Based on the price of €100 per megawatt-hour set by the Energy Regulatory Entity (ERE)...

Indian-led Group Wins Bid for Vlora’s Solar Power Plant
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Indian-led Group Wins Bid for Vlora’s Solar Power Plant

TIRANA, November 12 A consortium led by India Power Corporation Ltd has won the bid to build the solar power plant of Akerni in Vlora, the Ministry of Infrastructure and Energy declared in an official statement. The company beat two other competitors that passed the qualification process for the Euro 70 million solar plant with...

Govt Cuts Taxes for Specific Business Categories
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Govt Cuts Taxes for Specific Business Categories

TIRANA, June 21 All businesses that have an annual turnover of less than Lek 14 million and those investing in the sectors of agrotourism and solar power will benefit tax cuts adopted by the Council of Ministers during its Wednesday’s meeting. Hence, starting September, 56 percent of businesses in Albania will be excluded by the...