North Macedonia: Up To 400 MW PV Project

Akuo Energy To Build ‘Strategic Investment’ Solar Project In North Macedonia

North Macedonia: Up To 400 MW PV Project

North Macedonia says Akuo Energy will build a strategic investment solar project in the country for €270 million. (Illustrative Photo; Photo Credit: Jenson/

  • Akuo Energy will build a solar power plant with up to 400 MW capacity in North Macedonia
  • The government has declared the planned facility to be a strategic investment project
  • It will be realized by the French company in collaboration with local firm Ostro Solar for €270 million

The Government of North Macedonia has announced France’s Akuo Energy to build a large scale solar power plant in the country with between 350 MW to 400 MW installed capacity. Authorities have accorded the planned facility a strategic investment project.

Akuo Energy will invest €270 million on constructing and commissioning the solar power project dubbed Solar Park Stipion. The facility will be built by the French company in collaboration with a local company called Ostro Solar from Skopje.

In June 2021, under the former Prime Minister Zoran Zaev, North Macedonia said it will invest €8.2 billion as part of its Intervention Investment Plan (2021-2027) on some industries, including energy to support the implementation of projects with highest interest for the citizens. Back then Zaev mentioned a large scale PV project with 300 MW to 350 MW capacity being planned for Stip (see North Macedonia: €3 Billion+Investment In Energy Sector).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.

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