11 new power plants in production - Developments in the power sector, total capacity 225 MW

During the first 8 months of this year, there has been an increase in new production capacities in the electricity sector, with 11 plants having a total installed capacity of 225 MW.
More specifically, according to data from the Energy Regulatory Authority, 6 new hydropower plants have entered operation during this period, with an installed capacity of 69.23 MW. At the same time, 5 photovoltaic plants have started producing energy, adding another 155.98 MW to the national grid.
Also, 9 hydropower plants, which previously had purchase and sale contracts with the Free Market Supplier, part of OSHEE Group, now operate in the free energy market, with a total capacity of 26.37 MW.
ERE emphasizes that these developments show a stable dynamic in the growth of new sources of energy production, especially from renewable sources, as well as a further expansion of the free energy market in the country.
This trend follows that of last year, where a total of 26 plants entered production during 2024, with an installed capacity of 269.95 MW. This includes solar power plants, but also hydroelectric power plants that were added to the country's production capacities. These capacities were divided between hydropower and photovoltaic sources, with the overwhelming majority being solar power plants, with a total of 255.95 MW. These plants produced 1.81% of the total electricity produced in the country.
Banks, more "lax" in lending to businesses - Survey/ They ease standards for small and medium-sized enterprises
Although commercial banks appear to have provided fewer loans to citizens in the third quarter, data shows that they have been more lax with......
Fewer private homes and more apartment buildings are being built - Report/ How is the real estate market transforming?
Deloitte’s latest Property Index report provides interesting data on the development of private housing with one, two or more floors in Albania. According to......
More money in old age! - From January 2026, Germany offers up to 2000 euros extra for pensioners
"Active pension" is the name of the latest model approved by the German government. Thanks to this model, you can earn extra money tax-free after retirement.......
New investment for water supply in the Korça region - 10 villages, towards improving water supply
The Public Procurement Agency has opened a tender procedure for the water supply infrastructure in several villages of Korça. The project, with a limited......
How much does Albania support start-ups? - RCC Report: The ecosystem is in the early stages. The most active sector, ICT
The startup ecosystem in Albania is still in its early stages, but public-private support is growing. This is how the latest Regional Cooperation Council......
4 million Britons in perpetual debt - Charity: Spending on basic needs exceeds income
Four million people in England and Wales live in households mired in a negative budget, meaning they spend more on basic needs than they earn, according to......
Milot-Balldre, concession competition closes without complaints - Contract worth 365 million euros, works must be completed 30 months from signing
The concession competition for the construction of the Milot - Balldre road axis has been concluded without complaints about the tender documents, paving the......
Montenegro, airports generated over 40 million euros - Half of 2024 profits went to employee salaries
Montenegro's airports generated revenues of 40.7 million euros in 2024, representing an increase of 18% compared to 2023, according to the 2024 financial......






