The European Bank for Reconstruction and Development (EBRD) said on Monday it is supporting Albania in a planned tender for the construction of solar power plants with a total capacity of 300 MW.
The procedure, which is part of the EBRD Renewable Energy Auction programme in Albania, will also receive grant financing from the Swiss State Secretariat for Economic Affairs (SECO), the EBRD said in a press release.
The tender for the bidder-selected sites is expected to be launched by June and be active until October.
In the call, bidders will be invited to propose sites viable for the design, financing, construction and operation of solar power plants of up to 100 MW, according to a notice by Albania’s infrastructure ministry published last week.
The successful bidders will sign 15-year support agreements consisting of a power purchase agreement (PPA) and a contract for difference (CfD).
The tender will be the first of at least three planned competitive procedures aimed to help Albania add a total of 1 GW solar capacity, the infrastructure ministry said, SeeNews reports.
