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Norway’s Statkraft to continue Albania investment with floating solar project

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By Ervin Lisaku TIRANA, Dec. 18 – Norway’s Statkraft is planning new investment in Albania as its major Devoll Hydropower project nears completion. The state-run Norwegian giant, Europe’s largest generator of renewable energy, has applied to build a  floating solar power plant on the Banja reservoir in the region of Elbasan, central Albania, where it has been operating its first hydropower plant since mid-2016 under a build–own–operate–transfer concession contract with the Albanian government, according to an announcement by Albania’s energy ministry. The new project comes as Norway’s Statkraft is already in its final stage of completing its second Moglice hydropower…

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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