Econostrum | Economic News in the Mediterranean

​Voltalia strengthens its presence in Albania

Written by Arthur Maffren on Tuesday, July 5th 2022 à 14:35 | Read 278 times

The French company is building its fourth solar power plant in Albania.

Voltalia has set up the supervision centre for its solar power plants in Porto (photo: Voltalia)
Voltalia has set up the supervision centre for its solar power plants in Porto (photo: Voltalia)
ALBANIA/FRANCE. Voltalia today laid the foundation stone for the future Karavasta photovoltaic power plant in Albania. With 140 megawatts, it will be the largest in the Balkans. Voltalia, which was founded in France in 2005, will operate the concession for ten years.
The Albanian solar power plant is partly financed by a loan from the EBRD (European Bank for Reconstruction and Development). It is expected to be operational by the end of 2023. It will then supply electricity equivalent to the needs of a town of 220,000 inhabitants.
In Albania, Voltalia has already built three photovoltaic plants (7.5 megawatts). A fifth plant with a capacity of 100 megawatts is due to be built in 2024. Like Karavasta, Spitalla will be operated by Voltalia, but this time for 15 years.
Abania is present in some twenty countries, including France, Spain, Portugal, Morocco, Egypt, Jordan, Greece, Albania and Italy, and produces and sells wind, solar, hydro, biomass and storage electricity. With 1,300 employees, it had a turnover of €399 million in 2021.



About is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin. Subscribe to To be the first to know, with unlimited access to all articles. To receive the weekly newsletters and special newsletters sent as soon as our files are published. Automatically renewable subscription, but the reader keeps control of it or yearly subscription. For individuals or professionals...