- Kosovo has announced plans to launch a series of renewable energy tenders over the next 2 years
- This 950 MW combined capacity will represent an estimated €1.2 billion investment
- Bidders for the initial round of 100 MW solar power plant include France’s Akuo Energy and Egypt’s Elsewedy Electric, among others
The Ministry of Economy in Kosovo has revealed plans to launch a series of auctions for 950 MW of renewable energy capacity over the next 2 years. The 1st of this €1.2 billion exercise comprises a 100 MW solar PV plant for which it has received bids from 6 companies.
Launched in mid-2023, the 100 MW solar auction has attracted bids from the consortia headed by Çalik-Limak of Turkey, and another led by Guris Insaat Muhendishik also from Turkey. Orllati of Switzerland with a branch in Kosovo is leading another consortium.
German company with a local branch Notus Energy Kosovo is an individual bidder. France’s Akuo Energy and Egypt’s Elsewedy Electric are also among shortlisted bidders.
Backed by the US Agency for International Development (USAID), bids received for the 100 MW solar auction will be further evaluated against minimum financial, professional and technical requirements.
The project is planned to be located in the cadastral zone of Kramovik and Petkoviq in the Municipality of Rahovec. Winning bidder will get the land on lease for a period of 30 years.
In the next round, qualified companies will have the opportunity to lower their initial price by competing against each other Winner will be chosen on the basis of lowest price offered.
Kosovo’s Economy Minister Artane Rizvanolli said the next round of the 950 MW procurement plan will be a 150 MW wind auction to be launched in 2024.
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