SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Latest in Economy
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Kosovo to open first wind power tender in October

Jul 3, 2024, 12:41:07 PMArticle by Genta Hodo
share
July 3 (SeeNews) - Kosovo will open its first wind energy tender in October, with qualified bidders invited to submit proposals for a 75 MW wind farm at an unspecified location in early 2025, the energy ministry said.

Kosovo to open first wind power tender in October
Image by: DTEK. All rights reserved.

This is the first of two planned tenders, with the second one scheduled to open in 2025 for a 100-MW wind project, the energy ministry said in a press release on Tuesday. Winners will be granted a long-term power purchase agreements.

To mitigate potential investor risks, the ministry is set to co-invest in the two wind power projects under a Public-Private Partnership scheme, with funds from the International Monetary Fund’s (IMF) Resilience and Sustainability Facility (RSF).

In June, the IMF said it had decided to make available an extra 9.5 million euro ($10.2 million) for Kosovo through the RSF, expanding the funding total to 87.5 million euro. The RSF seeks to provide accessible funding to advance Kosovo's climate initiatives, particularly in energy efficiency and sustainable electricity.

The World Bank’s private sector development agency, International Finance Corporation (IFC), with USAID’s Sustainable Energy Activity will offer the Kosovo government advice in its first two wind power tenders, as per the press release.

In June, the ministry said it had signed a concession contract with a consortium led by Swiss-based construction group Orllati for the development of a 100-MW solar PV power plant. The tie-up had won Kosovo’s first auction for a solar power plant.

($ = 0.930 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.