Wind power generation - Two plants with a total capacity of 148.5 MW received approvals to connect to the electricity grid
Wind energy still remains untapped in our country, while data for 2024 show that 2 projects with a total power of 148.5 MW have received a preliminary opinion to be connected to the transmission system.
The first project is the Pogradec Wind Farm, with an installed capacity of 120 MW. Meanwhile, the other plant is the Drin-2 Wind Farm and has an estimated capacity of 28.5 MW. In previous years, there have been a number of projects that have received similar approvals, but so far none of them have entered production.
According to data from the Energy Regulatory Authority, there are currently only 2 companies licensed to produce electricity from wind, but even these plants have not yet been built.
Wind is considered by experts as an important source of renewable energy and an alternative for diversifying energy production sources. This is because currently over 90% of the country's energy is generated from water sources, with a high dependence on atmospheric conditions. Meanwhile, given the fact that a considerable number of electricity sources, not only wind, but also photovoltaic and hydro, are expected to be built and connected to the transmission system, the Energy Regulatory Authority emphasizes the need for more dynamic development and investments to integrate these sources into the Albanian electricity system in the coming years.

Germany, close to recession? - Bundesbank warns of risk of tariff impact
The German economy could suffer a "mild recession" in 2025, Bundesbank President Joachim Nagel said, shrinking for the third consecutive year for the first......

What does the "Fiscal Peace" package contain? - Taxes start working, Artificial Intelligence comes into "play"
The tax administration has begun work on assessing the implementation of the so-called "fiscal peace" package. But what is the "fiscal peace" package? The......

65.5 million euros of assets are seized and confiscated - From properties, trading shares and even cryptocurrencies
In the continuation of the fight against corruption and organized crime, the Special Prosecution Office has managed to seize and confiscate during 2024 a......

How did this week end for the major currencies?
The US dollar, after a negative and constantly declining week, has closed this period positively, gaining points from yesterday as it was bought today at......

The US "subsidizes" Canada with 200 billion USD/year - Trump threatens to increase tariffs before the Canadian elections
A few days before the federal election and after more than a week without commenting on Canada, US President Donald Trump resurfaced his 51st state rhetoric......

"Between the Seman and the Vjosa Rivers", project details revealed - Balluku: Innovative project, important for the economic development of the area
During a hearing on the project "Between Seman and Vjosa", the details and master plan of this project were presented. In her speech, Deputy Prime Minister,......

100% of electoral envelopes distributed in the Diaspora - Celibashi: In Vora and unit 10 in Tirana, electronic voting testing begins
The delivery of 100% of electoral envelopes for all those emigrants who work and live outside Albania, but want to participate in this year's parliamentary......

“Global debt, 100% of GDP by the end of the decade” - According to the IMF, tariff pressures will push it beyond pandemic levels
Economic pressures from new high US tariffs will push global public debt above pandemic-era levels, to nearly 100% of global GDP by the end of the decade,......