Karavasta Solar is a 140 MW solar PV project, located in Fier, Albania, developed, owned and operated by Voltalia. The project is one of the largest solar power plants in the Western Balkans and represents a major success in Albania’s transition toward a cleaner, more diversified energy future.
The project was awarded to Voltalia, following 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”) in 2020.
Following the project award, Voltalia was granted the right to develop the project, complete the required studies and permits and negotiate and sign the main agreements, such as the Project Development Agreement, the Power Purchase Agreement, Final Agreement, the Connection Agreement.
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.
