Due to its climate, the high intensity of solar radiation and its relatively long duration, Albania has favorable conditions for development of solar energy. Albania’s solar radiation is calculated to more than 1,500 kWh/m2/yr. The average daily solar radiation is about 4.1kWh/m2, reaching more than 4.6kWh/m2 in the south-western part of the country. The country has on average about 2,400 hours duration of sunshine per year, 2,500 hours in the western part and a record of about 2,850 hours in certain locations. Solar energy is being increasingly used for heating purposes, while photovoltaic energy is still unexplored.
The feed-in tariff is currently applicable to electricity generated from plants gen¬erating electricity from renewable sources with an installed capacity not exceed¬ing 15 MW (“Preferential Producers”), and that have concluded an agreement with a term of up to fifteen (15) years for the purchase of electricity with the wholesale public supplier (presently KESH Sh.A.).
The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing the energy efficiency, increased use of renewable resources, and connecting to the European power infrastructure.
- Snapshot of the country’s renewable and solar photovoltaic (PV) power sector across parameters - country overview, current power and solar PV power market status, electricity market structure, key issues, future plans and strategies to meet increasing power demand, and way forward.
- Statistics for cumulative and annual installed solar photovoltaic (PV) power generation capacity of from 2012 to 2017.
- Statistics for cumulative and annual revenue of solar photovoltaic (PV) power plants from 2012 to 2017.
- Break-up by power generation technology, including thermal, hydro, renewable (incl. solar PV) and nuclear
- Data on key issues witnessed in the Albanian solar photovoltaic (PV) sector.
- Information on future plans and strategies to meet increasing power demand.
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s solar photovoltaic (PV) power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development opportunities
1.1 Research Methodology
2 EXECUTIVE SUMMARY
3 ALBANIA SOLAR PV POWER MARKET IN 2017
3.1 Country Overview
3.2 Current Status of Solar PV Power Market in Albania
3.3 Key Issues
3.4 Investment Trends and Development Roadmap to Meat Increasing Power Demand
3.5 Cumulative (CAGR) Installed Photovoltaic (Solar PV) Capacity and Revenue
3.6 Annual Installed Photovoltaic (Solar PV) Capacity and Revenue
3.7 Support Schemes
4 CONCLUSIONS AND RECOMMENDATIONS
5 LIST OF ABBREVIATIONS
Chart 1: Solar Resource Map of Albania
Chart 2 Share of Solar PV Power from Total Installed Power Generation Capacity in Albania in 2016
Chart 3: Albania Total Annual Electricity Consumption (in TWh) 2000 ÷ 2016
Chart 4: Albania Power Generation Capacity Breakdown by Source (Fuel) Type in 2016 (incl. Renewables)
Chart 5: Structure of Electricity Power Market in Albania
Chart 6: Cumulative (CAGR) Installed Capacity of Photovoltaic (Solar PV) Power Plants in Albania (in MW) 2012 ÷ 2017, including forecast
Chart 7: Cumulative (CAGR) Revenue of Photovoltaic (Solar PV) Power Plants in Albania (in Millions USD) 2012 ÷ 2017, including forecast
Chart 8: Annual Installed Capacity of Photovoltaic (Solar PV) Power Plants in Albania (in MW) 2012 ÷ 2017, including forecast
Chart 9: Annual Revenue of Photovoltaic (Solar PV) Power Plants in Albania (in Millions USD) 2012 ÷ 2017, including forecast