The Armenian solar market has been somewhat slow to take off, but it could be experiencing a serious push, following an announcement that Abu Dhabi-based energy company Masdar plans to deploy 500 MW of solar and wind capacity in the country.
The new net metering tariff will be equal to market prices and will go into force as soon as the Albanian government approves it. According to a local interest group led by Albanian company EuroElektra, that could happen within the next two weeks. Overall, the scheme could facilitate the installation of around 200 MW of solar power.
Norway’s state-owned hydropower and wind company intends to deploy a 2 MW floating installation at its 72 MW hydropower plant in Albania’s Elbasan district.
This time, the countries revealing their first floating PV plans are Albania and the Ivory Cost. In the first, a 12.9 MW plant is being proposed by local hydropower producer KESH, while in the second, the local government has secured funds for what it claims will be Africa’s first floating PV array.
The Kolkata-based developer will build a 100 MW solar park in the Akërni salt flats, near Vlorë. A 50 MW section of the plant will sell power to the local distributor at €59.9 per MWh over a 15-year period, while the remaining portion will sell electricity at market prices.
The owners of private buildings will be eligible to borrow for measures including solar panels and insulation, with the funds to be distributed by the domestic Union Bank.
The projects will be awarded a feed-in tariff (FIT) contract with a regulated tariff of €100/MWh.
The European Bank for Reconstruction and Development (EBRD) and the country’s Ministry of Energy are now seeking consultants for the implementation of the competitive bidding process.
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