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December 24, 2021

Akerni Zone Solar PV Park, Albania

By Carmen

Akerni Zone Solar PV Park is a 100MW solar PV power project. It is planned in Vlore, Albania. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 100 100 Permitting Vlore, Albania India Power; Midami; Mining Resources

Description

The project is being developed by India Power, Midami and Mining Resources. These companies also have ownership stakes in the project.

Akerni Zone Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $79.34m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About India Power

India Power Corp Ltd (IPCL) formerly DPSC Limited is a power generation and utility company. Its business operations include a portfolio of renewable, solar and wind power generation, distribution and trading services. The company’s service offerings include renewable energy development and management works; operation and maintenance of thermal power plants as well as wind farms; multi-location distribution; logistic outfits; solid waste management; power optimization; customer support services, and others. IPCL has set up a Photo Voltaic Solar Power Plant, located in Jamuria area of West Bengal. It caters to railways, residential, commercial, and government sectors across India. IPCL is headquartered in Kolkata, West Bengal, India.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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