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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/Shutterstock.com)

  • 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

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