Why OE-governed quality assurance...

In every mature renewable market, there comes a moment when engineering quality—once assumed,...

Insurance, force majeure and...

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily...

ESG, community strategy and...

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical...

The grid-ready wind farm...

A decade ago, the success of a wind farm in Southeast Europe was...
Supported byClarion Energy
HomeSEE Energy NewsAlbania: EU mobilizes...

Albania: EU mobilizes €1.4 billion for clean energy transition

During a joint conference with Albanian Prime Minister Edi Rama, European Commission President Ursula von der Leyen announced that €1.4 billion has been mobilized for investments in Albania, emphasizing a strong focus on clean energy transition.

Von der Leyen outlined a comprehensive plan that includes €50 million earmarked for energy efficiency initiatives, the development of electric vehicle charging infrastructure, and the introduction of electric buses in Tirana. She praised Albania’s leadership in renewable energy and expressed confidence that the country is well-positioned to tackle the challenges associated with this transition.

She highlighted specific projects, such as the Vau te Deja hydropower plant, noted as the first of its kind in the region. “It is important that our partners are part of this initiative, but for Albania, it will not be a very big challenge because you are a leader in this field,” von der Leyen stated.

Additionally, she spoke about the innovative European College Campus project, commending Prime Minister Rama for his vision. “We will officially open the academic year for the first group of students. These young people are the new leaders of Europe, and this means that the future of Europe is being shaped with these young people in Albania,” she emphasized.

This investment initiative underscores the EU’s commitment to supporting sustainable development and fostering the next generation of leaders in the region.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind...

Insurance, force majeure and financial risk transfer — the new architecture of protection for wind investors in Southeast Europe

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily on EPC contracts, turbine warranties, and revenue support mechanisms. Insurance was treated as a formal requirement—necessary for lenders, but rarely integrated into strategic project design. That...

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50...
Supported byVirtu Energy
error: Content is protected !!