solar-power-park – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Thu, 14 Dec 2023 18:40:51 +0000 en-US hourly 1 Balluku: 9.25 million euro grant from EC for construction of Belshi photovoltaic park https://en.ata.gov.al/2023/12/14/balluku-9-25-million-euro-grant-from-ec-for-construction-of-belshi-photovoltaic-park/ https://en.ata.gov.al/2023/12/14/balluku-9-25-million-euro-grant-from-ec-for-construction-of-belshi-photovoltaic-park/#respond Thu, 14 Dec 2023 17:31:21 +0000 https://en.ata.gov.al/?p=222454 TIRANA, Dec 14 /ATA/ The solar power park of Belsh is another project, which will be funded by the European Commission through a grant already approved.

Deputy Prime Minister, also Minister for Infrastructure and Energy, Belinda Balluku announced on Thursday that the Belshi park, with an installed capacity of 50 MW, increases Albania’s energy production capacity.

According to her, the grant approved by the European Commission is 9,250,000 euros, while the total value of the investment is reckoned at 41,450,000 euros.

The electricity production from solar panels is an important part of the process of energy diversification, based on the National Energy Strategy.
The latest data published by INSTAT showed that the net domestic production of electricity in the third quarter of the year increased by 17.5%, reaching the value of 1,611 GWh from 1,371 GWh of energy produced in the third quarter of 2022.

This production was realized by public hydropower plants to the extent of 76.7%, by private and concessionary hydropower plants to the extent of 21.5% and by photovoltaic producers to the extent of 1.8% of the net domestic electricity production.
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