November 18 (SeeNews) - Japan's Mitsubishi Motors is interested in building a 250 MW gas power plant in North Macedonia, state-owned power utulity ESM said.
Mitsubishi is exploring the option to build the plant near the REK Bitola coal-fired power plant, with a view to start operations by the beginning of 2026, ESM said in a press release on Wednesday following a visit by ESM officials.
Mitsubishi representatives also expressed readiness to participate in the construction of other plants envisaged in North Macedonia's renewable energy transition plan, the press release reads.
In the past three years, Mitsubishi has invested about 2 billion euro ($2.3 billion) in the construction of gas power plants, ESM said.
Under its nationally determined contributions to the Paris Agreement, North Macedonia has committed to 51% emission cuts by 2030 compared to 1990 levels.
($ = 0.8825 euro)