While this Southeast European country already boasts a high share of renewable electricity, it remains heavily dependent on hydropower. Photovoltaics play a crucial role in diversifying Albania’s energy system. The country has some of the highest solar irradiation levels in Europe — and is experiencing robust economic growth.
Next investor newsletter: Balkan markets are opening up
Supported by government incentives and EU funding, the battery storage sector is now also beginning to take its first steps as an additional pillar of the power system. Don’t miss our daily focus from 8 to 11 December, each day at 18:00. (hcn)