Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
Supported byClarion Energy
HomeSEE Energy NewsAlbania: Statkraft to...

Albania: Statkraft to build up pump-storage HPP

Statkraft plans to expand its cascade hydropower complex on the Devoll river with the pump-storage hydropower plant Moglica, with an installed capacity of between 800 MW and 1.6 GW, that would be connected with the existing HPP Moglica.

Norwgin company signed a concession agreement with the Albanian Government, which needs Parliamen approval. This would be the first pump-storage HPP in Albania.

The upper reservoir will be built some 8 kilometers from the existing HPP Moglica reservoir, with the height difference of 620 meters. The feasibility study for the project should be completed next year, and if positive, pump-storage HPP Moglica should be commissioned in 2030. Statkraft owns and operates two hydropower plants in the Devoll river cascade, 84 MW Banja and 184 MW Moglica.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable around €31–32/MWh as European demand and LNG growth slow

In late October 2025, TTF gas futures remained relatively stable, trading in the €31–32/MWh range. The completion of maintenance at Norway’s Troll gas field and forecasts of mild, windy weather through mid-November were the main factors supporting steady prices. On...

Region: SEE power prices ease in Week 44 as demand and renewables decline

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly compared to Week 43, driven by milder weather and reduced demand. Despite the drop, most SEE markets maintained average weekly prices above €100/MWh, with the exception...

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will...
Supported byVirtu Energy
error: Content is protected !!