AEA | AEA-Albania Energy Association

June 30, 2025

by AEA in News

Energy storage in focus: How custom insurance solutions are fueling Southeast Europe’s green transition

Battery energy storage is becoming increasingly central to the energy transition in Southeast Europe and beyond, thanks to its key role in enabling renewables integration while ensuring grid flexibility and resilience. However, as battery energy storage systems (BESS) become more advanced and technologically complex, the risks involved exceed those of traditional renewable energy projects, making […]

June 30, 2025

by AEA in News

Montenegrin power utility to borrow EUR 25.6 million for phase 2 of Gvozd wind farm

Montenegro’s state-owned power utility Elektroprivreda Crne Gore (EPCG) plans to take out a EUR 25.6 million loan from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm project, with an installed capacity of 21 MW. The first phase of wind farm Gvozd, which is under construction, […]

June 30, 2025

by AEA in News

Fortis Energy gets green light in Albania for 62 MW solar power project

Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country’s southeast. It is allowed to operate the facility for 49 years since the entry of the decision into force. Turkey-based Fortis Energy is expanding its presence across the Balkans. Its subsidiary Fortis Energy and […]

June 30, 2025

by AEA in News

Solar module maker Bisol to triple production capacity with new Slovenian plant

Slovenia-based Bisol Group, the largest manufacturer of European-made solar modules, plans to build a new factory in an investment estimated at EUR 32.3 million. The facility in Murska Sobota in northeastern Slovenia is expected to triple Bisol’s annual production capacity, from 750 MW currently. “We want to start construction in September. We are still selecting […]

June 27, 2025

by AEA in News

Hidroelectrica to begin construction of its pilot floating photovoltaic plant

Romanian state-owned hydropower plant operator Hidroelectrica picked the contractor for a 10 MW floating solar power plant, its first, on the reservoir of the Ipotești hydroelectric plant. Hidroelectrica awarded the contract for the construction of the Proiect Pilot Nufărul floating photovoltaic system. The pilot project could open the way for the installation of a group […]

June 27, 2025

by AEA in News

Satellite dishes get new life, hosting solar panels for data center

A Swiss telecom service provider converted unused satellite dishes into solar dishes, powering its data center’s rising energy needs. Smart energy tech firm SolarEdge provided its DC-optimized inverter solution, overcoming the challenge of shading. CKW, a Swiss provider of integrated energy and building technology solutions, has transformed disused satellite dishes located on the premises of […]

June 27, 2025

by AEA in News

Solar power exceeds Bulgaria’s entire electricity demand for first time

For the first time, photovoltaic production alone surpassed power consumption in Bulgaria – for two hours. Interestingly, even more electricity was exported at the same time. On Friday, June 20, the active photovoltaic capacity in Bulgaria between 10:00 and 11:00 before noon was 2,935 MW, and in the following hour it grew to 3,230 MW, […]

June 27, 2025

by AEA in News

Adolf Goetzberger Award 2026: Apply with innovative solar solutions and win EUR 25,000

The Adolf Goetzberger Award, which recognizes innovation in solar, energy storage, smart grids, and power system efficiency, has invited applications for 2026, following a successful debut in 2025. The award once again spotlights developments that combine technological excellence with practical value and societal impact, according to the organizers. The EUR 25,000 Adolf Goetzberger Award, named […]

June 27, 2025

by AEA in News

Court ruling brings risk of reversal of power market liberalization in Kosovo*

The Commercial Court in Kosovo* supported the claims filed by one company in a complaint, suspending its obligation to purchase electricity in the free market. The ruling follows protests against the controversial liberalization of the power market for larger firms, which came into force on June 1. Two old coal-fired power plants in Kosovo* account […]

June 27, 2025

by AEA in News

Grants for public institutions’ solar projects in Romania top EUR 500 million

The Romanian Ministry of Energy has signed 29 more grants to public entities for investments in solar power plants for self-consumption, bringing the total number of projects under the program to 1,046. The latest round of grants is worth EUR 11.3 million, putting the total sum approved so far at EUR 502 million. The 29 […]

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