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North Macedonia launches €270m solar project

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29 November 2021

The government of North Macedonia has revealed plans for a new photovoltaic project with a capacity of between 350 to 400MW and a value of around €270m.

The new facility will have the capacity to generate 350 to 300MW of solar power. Credit: Reuters

The facility will be built in Stipion by Paris-based Akuo Energy via local firm Ostro Solar, according to the North Macedonian government.

Outgoing Prime Minister Zoran Zaev confirmed in September that Akuo is among the foreign investors that expressed interest in large energy projects in the country.

Akuo Energy Central Europe
Akuo Energy Central Europe is partnering in other European projects of this nature, including IEL OIE Balkan Renewable Energy’s 85 MW Bašaid wind farm project near Kikinda in Serbia.

The French firm is also involved with the Çiçavica wind farm of 100 MW in Kosovo. Furthermore, earlier this year, Akuo bought five hydropower plants in Bulgaria with a total capacity of 15.5MW

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