Approach to develop sustainable projects in Albania

Approach to develop sustainable projects in Albania

* Highlights, Representation, Research
Approach to develop sustainable projects in Albania by Lorenc Gordani Analysis by Dr Lorenc Gordani Head of the Department of Professional Masters Tirana Business University (TBU) [pj-news-ticker] The World Economic Forum’s Energy Transition Index 2021 has recently ranked Albania as the best in the Western Balkan region for res investments, taking the 25th spot. Indeed, with twenty new plants entered production over the last year, out of which 18 in hydro and two photovoltaic, the progress is impressive for a total installed capacity estimated at 227 megawatts (MW). Today, the total installed capacity of private generation power plants has reached over 1058 MW. Albania was the first country in the Western Balkans to introduce an auction for renewable energy with the support of the ECS and the European Bank for…
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