Karavasta Solar is a 140 MW solar PV project awarded to Voltalia, further to an international tender process organized by the Ministry of Infrastructure and Energy of the Republic of Albania (“MIE”) and sponsored by the European Bank for Reconstruction and Development (“EBRD”).
The location and size of the land, the installed capacity, the connection point and the terms and conditions of the PPA has been defined and set up by the MIE.
Since then, the MIE has grant to Voltalia the rights on the site lands and Voltalia team has negotiated and signed the main agreements. The Project Development Agreement, the Power Purchase Agreement, the Final Agreement, the Connection Agreement, the Cooperation Agreement were executed. In parallel, the main permits were conceded or approved: the environmental permit, the construction permit for the PV plant, the archaeological permit etc. In addition to that, most studies have been completed or are close to be: the ESIA and other 5 studies that verified the site suitability.
This website provides additional information on the environmental and social aspects of the project. These aspects are crucial to guarantee the long-term implementation of the plant.
