While Albania already generates a large share of its electricity from renewables, the country still relies heavily on hydropower. Today, photovoltaics are set to play a key role in diversifying the energy mix. With some of Europe’s highest solar irradiation levels and robust economic growth, Albania is well positioned for solar expansion.
Next investor newsletter: Balkan markets are opening up
Supported by government incentives and EU funding, the battery storage sector is now beginning to take its first steps as an additional pillar of Albania’s power system. Don’t miss our daily focus from 8 to 11 December, each day at 18:00. (hcn)
