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March 13, 2019

Statkraft to build floating solar plant in Albania

Statkraft Albania has signed a deal with Norwegian solar technology company Ocean Sun to supply a floating solar plant.

By Jack Unwin

Statkraft Albania, a subsidiary of Norwegian renewable energy company Statkraft, has signed a deal with Norwegian solar technology company Ocean Sun Ltd to supply a floating solar plant.

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Statkraft received authorisation from the Albanian Government to implement the floating plant in December 2018. It is formed of four units with 0.5MW of power each, forming a total of 2MW. The project will cost a total of $2.6m (€2.3m) and will be located at the Banja reservoir in Albania.

This will be the first major floating solar park technology contract for Ocean Sun, which was founded in 2016.

Statkraft CEO Christian Rynning-Tønnesen said: “Testing new technology for floating solar panels fits very well with Statkraft’s strategy to grow our renewable energy generation from hydro, wind and solar. If the technology is proven successful and the potential for cost-competitiveness can be achieved, a wider application of floating solar may take place in other Statkraft locations.”

The company tweeted: “Floating solar can complement existing hydropower infrastructure. Statkraft has selected Ocean Sun for the delivery of a floating solar plant at the Banja reservoir in Albania.”

Once the plant passes regulatory approvals, construction will begin this year and completion is scheduled for 2020.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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