A 30MW battery energy storage system has been inaugurated by transmission system operator (TSO) ISA CTEEP in Brazil. The TSO announced the

By Tirana Times July 10, 2017 16:36. TIRANA, July 10 - Prime Minister Edi Rama has called on the world''s leading oil companies to consider investment in Albania''s largely unexplored oil and gas resources, which he says make the Balkan country a new oil frontier only miles away from the Middle East. The appeal came in Istanbul on Monday as the

The Clean Energy Latin America (CELA) has recently conducted a comprehensive study that sheds light on the potential growth and lucrative opportunities

By Tirana Times January 17, 2020 15:16 Story Highlights "Albania has legislated the introduction of auctions for feed-in premiums for wind and solar but implementation is lagging behind," the report states.

Brazil presented, on April 10th, the candidacy of Mrs. Thelma Krug for the presidency of the Intergovernmental Panel on Climate Change (IPCC), for a mandate during the Panel''s 7th assessment cycle

TIRANA, Oct. 28, 2022 - The head of the European Commission, Ursula von der Leyen, was in Tirana on Thursday where she announced the EU executive body will offer Albania 80 million euros in budgetary support for coping with the energy crisis. She made the announcement at a press conference following a meeting with Prime Minister Edi Rama.

Located in the western part of the Balkan Peninsula in South-eastern Europe, Albania hardly makes the headlines when it comes to its developments and aspirations in the energy sector. However, the country''s energy mix has one of the highest shares of renewable energy in Europe. In 2020, the share of renewables reached 45%

By Tirana Times August 4, 2021 18:48 Related Articles. Stellar launches Albania fund after Baltic success story; Excelerate Energy is collaborating with another company, Snam, which holds 20% of shares in the Trans Adriatic Pipeline which runs through the south of Albania. If all goes well, construction is set to commence in 2023.

TIRANA, July 5, 2022 — Massive amounts of oil and gas have been discovered in Albania by Shell, the country''s prime minister said Tuesday, calling it a turning point for the country''s future. Rama told a meeting with Dutch business representatives operating in Albania that the Dutch multinational company, Shell, which had been exploring for

TIRANA, March 11, 2023 - The Green for Growth Fund (GGF) has announced a EUR 28 million loan to fund a landmark transaction with SPV Blue 1 in Albania. The privately owned project marks a significant milestone in the history of energy production in Albania, as it is the largest non-subsidized solar project in the Western Balkan Region, the

By Tirana Times March 5, 2020 12:43 Story Highlights. Administrative courts fail to address business appeals, report shows; TIRANA, March 5 - According to official data published by the Institute of Statistics, production of energy decreased by 0.3 percent, as imports increased by 1.8 times in order to meet the demands. As a result exports

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This initiative is anticipated to yield approximately 341 megawatts of power based on a PROR (Probable Runoff) assessment. Within the scope of the Budi Gandaki River, numerous projects are in the pipeline. Notably, one of the significant undertakings is the Budi Gandaki Storage Project, projected to have a capacity of 1200 megawatts.

By Tirana Times April 28, 2023 14:23 Story Highlights. The event was part of a regional project funded by the Western Balkan Fund. Related Articles. Albania needs to diversify its investments in renewable energy beyond weather-dependent hydroelectric generation to ensure its energy security, according to experts at a forum organized by the

In this case Enel X''s Battery Energy Storage System (BESS) can increase business resiliency, helping companies overcome power outages and grid overloads, optimizing consumption by lowering expensive energy bills and improving energy efficiency by decreasing dependency on the grid. With Enel X, energy stability - and increased

By Tirana Times August 8, 2023 10:27 Story Highlights. Integrated Energy B.V. SPV sh.p.k, which controls the Tirana incinerator. The two business owners stand accused of using various individuals and entities to conceal their ownership of the concession companies. The forged invoices amounted to nearly 4 million euros, a sum believed to

By Tirana Times December 26, 2020 15:17 Related Articles. Flat tax gets different evaluations; Prime Minister Rama talked also about other important projects in the energy sector, focusing on the construction of Skavica hydro power plant, near the border with North Macedonia. According to Rama, once that project will be finished, it

ISO CTEEP claimed it as the first large-scale battery energy storage system (BESS) on Brazil''s transmission grid. The project required a total US$27 million

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Vale to cut energy costs through industrial ''peak shaving''. Brazilian mining giant Vale is partnering with Siemens and MicroPower Comerc on a 5MW/10MWh lithium-ion battery system at a large port

Grid operator ISA CTEEP has started commercially operating a large-scale battery energy storage system (BESS) at the Registro substation in the Brazilian state of Sao Paulo.

By Tirana Times March 5, 2018 17:16 Related Articles. Albania in twenty years – The 1990 Agenda Is Still Unfinished By Per Strand Sjaastad* Good energy policy is, basically, about ensuring sufficient and stable supply, at affordable prices in an efficient and competitive market, and – at the same time - without destroying the

Race for Tirana mayor gets more crowded as two protest movement leaders join. TIRANA, March 1, 2023 – The number of candidates who have officially announced they intend to run for Tirana chief executive grew again this week, as leaders of two protest movements said they intend to run for mayor. The two. Read Full Article

Brazil launched on Thursday its first large-scale energy storage system with a total capacity of 30 MW, power sector regulator Aneel announced. Located in the municipality of Registro, Sao Paulo

Vale to cut energy costs through industrial ''peak shaving''. Brazilian mining giant Vale is partnering with Siemens and MicroPower Comerc on a 5MW/10MWh lithium-ion battery system at a large port facility in Rio de Janeiro. Featuring the first Tesla Megapacks deployed in Brazil, Vale''s system will be owned and operated by

By Tirana Times September 18, 2018 15:24 Story Highlights TIRANA, Sept. 18 – Albania is trying to follow the UK''s recent legal initiative to impose a ban on energy drinks to anyone under the age of 18 and limit the advertising of sugar-sweetened beverages in similar measures to legislation in force protecting minors from the use of alcohol.

TIRANA, Oct. 10 - Albania''s business and consumer confidence hit a surprise 2-year low in the third quarter of this year, the peak of the tourist season, signaling that the decade-high energy-fuelled GDP growth rate that the country registered in the year''s first half is not having any positive effect on overall confidence.

By Tirana Times December 29, TIRANA, Dec. 24 - The energy regulatory entity is expected to approve in the next few days a hike in electricity prices for 2015 after government has decided to lift the 300 kWh threshold charging lower prices. Average tariffs for business consumers vary from 8.5 lek/ kWh to 10 lek kWh based on low or

It is with great pleasure that I welcome you to participate in the next edition of the "Tirana Forum of Energy 2023", organized on 5th of October 2023, in the frame of the Energy, Construction

Business & Economy this week. By Tirana Times March 13, 2020 08:21 Related Articles. Lek-interest rates, T-bill yields drop; The Ministry of Infrastructure and Energy has postponed the deadline for submission of bids related to Vlora Airport by potential investors to 30 March. On its official website, the date has changed from March 12

By Tirana Times September 2, 2022 23:04 Story Highlights. TIRANA, Sept. 2, 2022 - Albania, Macedonia and Serbia -- whose leaders met in Belgrade on Friday as part of the Open Balkans initiative -- say they will seek each-others'' help to deal with difficult winter ahead in terms of energy and food security related to Russia''s invasion of