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)