Karavasta Solar Project - 140 MW
Voltalia's first development in Albania

Voltalia Group

Founded in 2005, Voltalia is an international company in the renewable energy sector, listed on the regulated market of Euronext Paris since July 2014.

Energy Producer and Service provider in renewable energy production from solar, wind, hydro and biomass, also combining storage solutions.

As an integrated industrial company, Voltalia developed strong experience throughout the value chain of a renewable project since the development and financing of projects, EPC and the operation and maintenance.

The Group is active in 20 countries, providing services to its customers worldwide.

As of September 31, 2021, Voltalia had an operating and under construction capacity of more than 1.9 GW and a portfolio of projects under development representing a total capacity of 10.7 GW.

Voltalia in Albania

Voltalia has started doing business in Albania in 2018 with the unsuccessful participation in the first solar tender organized by the Ministry of Infrastructure and Energy of the Republic of Albania (“MIE”).

Despite this result, Voltalia has demonstrate great interest in the construction of 2.5 MW FiT-solar PV projects. So far, Voltalia has built 3 of such solar plants for third parties. These 3 projects have been operating for several months now and have contribute to strengthen Voltalia image among the solar players.

In 2020 and 2021, Voltalia participated to the 2nd and 3rd tenders organized by the MIE and sponsored by EBRD to select the company that would develop, finance, construct, operate and maintain the projects: Karavasta Solar and Spitalla solar. On both occasions, Voltalia had proposed the most competitive price and was awarded the projects.

Voltalia is actively developing greenfield projects in new areas partnering with local companies and promoting the development in rural areas. Target projects are mostly solar PV and wind. But not only.

Voltalia is also working on agrisolar projects, where the food production and the power generation are combined for the upmost use of the lands. About 20% of Albania GDP relies on agriculture that employs about 60% of the population (as of 2020). Hence, agrisolar (and agrivoltaic) projects are among the most effective solution for a growing rural economy.

0 MWp
bifacial solar panels
0 GWh
per year