Turkey's Fortis Energy receives approval to build 62 MW solar farm in Albania

Turkish energy company Fortis Energy is expanding its presence in the Balkans with a new project in Albania after receiving approval from the Council of Ministers in Tirana, BalkanEngineer.com has learned from Balkan Green Energy News. The project planned by the Turkish company is to build a 62 MW photovoltaic plant in the southeast of the country.

The solar power plant will be located in the village of Tac Larte, Kolonia municipality, in Korca district. The Turkish company will have the right to operate the facility for a period of 49 years, of which 36 months are foreseen for construction and commissioning. The approved project does not involve a State subsidy and is not subject to a concession.

Before the final contract is signed with the Albanian Ministry of Infrastructure and Energy, Fortis Energy must provide a guarantee of at least 5% of the investment value. In addition, the company will owe 2% of annual production in the form of a license fee or cash equivalent.

Fortis Energy, through its subsidiary Fortis Energy and Construction, is currently developing power projects with a total capacity of 2 GW in South East Europe. Half of these are located in Serbia, including the 110 MW Erdvik solar park. In 2024, the company also commissioned a 79.9 MW photovoltaic plant in Oslomey, northern Macedonia, with plans to integrate energy storage systems.

Fortis Energy is also implementing projects in wind energy, biogas facilities and battery energy storage systems, seeking to consolidate its position as one of the leading green energy investors in the Balkans.

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