Solar4Kosovo - Photovoltaic Plant

Solar4Kosovo - Photovoltaic Plant

Project Description

The electricity sector in Kosovo* is almost entirely dependent on coal-fired power plants (97%). 

This investment project will install a solar photovoltaic plant of up to 100 MW capacity on former ash dump fields near Kosovo A thermal power plant. This will be the first large-scale solar photovoltaic plant in Kosovo and will increase installed capacities tenfold from 10.1 MW to 110.1 MW. As a result, the share of solar power in the energy mix of Kosovo will increase from 0.2% to 2.3%. The plant is expected to produce around 152 GWh of electricity and save 152,000 tonnes of CO2 annually.

The EU co-funds the investments under Flagship 4 - Renewable energy - of the Economic and Investment Plan for the Western Balkans through the WBIF.

* This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence.

Project Financing

WBIF Grant WB-IG07-KOS-ENE-01 € 32,839,493
KFW Loan € 29,000,000
EIB Loan € 32,651,000
National Contribution Own Contribution € 10,000,000
Total € 104,490,493
Total Grants € 32,839,493
Total Loans € 61,651,000

Partner Financial Organisations

Western Balkans Partners