Albania is a small predominantly mountainous country in Southeastern Europe, on facing the Adriatic and Ionian seas within the Mediterranean Sea. Albania covers a territory of 28,748 km2, making it the 145th largest country in the world. It shares borders with Montenegro in the northwest, Kosovo in the northeast, Macedonia in the east and Greece in the south. It's coastline length on the Adriatic and the Ionian Seas is 476 km. The population of Albania was 2.88 million and the current gross domestic product (GDP) was $11.93 billion as of 2016. Albania solar photovoltaic (PV) power market value, which was USD - million in 2016, is expected to grow to USD - million in 2017, at a CAGR of - percent.
Due to its climate, the high intensity of solar radiation and its relatively long duration, Albania has favorable conditions for development of solar energy. Albania’s solar radiation is calculated to more than 1,500 kWh/m2/yr. The average daily solar radiation is about 4.1kWh/m2, reaching more than 4.6kWh/m2 in the south-western part of the country. The country has on average about 2,400 hours duration of sunshine per year, 2,500 hours in the western part and a record of about 2,850 hours in certain locations. Solar energy is being increasingly used for heating purposes, while photovoltaic energy is still unexplored.
The feed-in tariff is currently applicable to electricity generated from plants gen¬erating electricity from renewable sources with an installed capacity not exceed¬ing 15 MW (“Preferential Producers”), and that have concluded an agreement with a term of up to fifteen (15) years for the purchase of electricity with the wholesale public supplier (presently KESH Sh.A.).
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, and connecting to the European power infrastructure.
- Snapshot of the country’s renewable and solar photovoltaic (PV) power sector across parameters – country overview, current power and solar PV power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed solar photovoltaic (PV) power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of solar photovoltaic (PV) power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. solar PV) and nuclear
- Data on key issues witnessed in the Albanian solar photovoltaic (PV) sector.
- Information on future plans and strategies to meet increasing power demand.
Reasons to buy:
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s solar photovoltaic (PV) power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities