TIRANA, May 3 /ATA/ – Germany and France have supported important energy sector reforms in Albania since 2019.
German Embassy in Tirana said Friday that Germany has provided a loan of 150 million euros through the German Development Bank (KfW), whereas France has allocated 100 million euros through the French development agency (AFD).
The general objective of the reform package, which successfully completed in beginning of 2024, is to improve Albanian electricity sector’s sustainability through support for sector reforms and electricity mix diversification towards renewable energy as part of the country’s EU integration process.
Reforms represent a decisive to prepare the sector for future challenges, German Embassy said.
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