Why is the EIB funding a solar plant in Kosovo?

The EIB is providing €33 million for the construction of one of Kosovo’s largest solar photovoltaic plants. The new plant will contribute to higher energy security and the phasing out of coal-based power generation.

What is the New Kosovo power plant?

The New Kosovo power plant is part of the government's plans to reform Kosovo's energy sector. Other plans include closing Kosovo A power station by 2017, rehabilitating Kosovo B power station to meet EU standards, and privatizing the country's electricity distribution system. Plans for New Kosovo also include a lignite coal mine, the Sibovc SW.

What is the energy strategy for Kosovo?

The Kosovo energy strategy includes increasing RES capacity to 35% of electricity consumption by 2031. Aiming for 600 MW wind, 600 MW solar PV, 20 MW biomass & at least 100 MW of prosumer capacity, to reach a total installed RES capacity of 1600 MW by 2031. Lignite exploitation in Kosovo started in 1922.

Why is Kosovo building a photovoltaic plant?

Kosovo’s Minister of Finance, Labour and Transfers Hekuran Murati said: “The signing of today's agreement for the construction of the photovoltaic plant is a landmark moment as Kosovo advances its initiatives to secure renewable energy use for its citizens.

Does Kosovo have solar power?

Kosovo has the potential of capturing solar energy directly and converting it to electricity. The region of highest solar potential based on global horizontal irradiation is the southwestern part of Kosovo, centred around the city of Gjakova. Solar power is already used on the roofs of some buildings.

How many hydroelectric power plants are there in Kosovo?

Hydroelectric power generation is mainly provided by Ujmani power station with a capacity of 70 MW. In the past, Kosovo has had four functional hydroelectric power plants. After the 1999 war they stopped working, but they have been rehabilitated in the recent years. Lumbardhi hydroelectric power plant was rehabilitated in 2005.