Statkraft launches final stage of floating solar park project in Albania

Statkraft has started the final phase of a project for the installation of a floating solar plant at the Banja reservoir in southeastern Albania, Norwegian floating solar technology developer Ocean Sun, which built the unit, said.

Statkraft has launched the installation of the last three floating units on the reservoir, which is located near the company's 72 MW Banja hydropower plant, Ocean Sun said in a press release earlier this week.

These units are additional to a floating ring installed earlier. The solar plant unit relaunched operations of April 1 after an incident last summer.

The four floating units have a combined capacity of 2 MWp with almost 6,400 solar panels.

The solar power plant project has a total investment cost of about 2 million euro ($2.03 million), according to an earlier statement by Statkraft.

Statkraft, a leading company in hydro power internationally and Europe’s largest generator of renewable energy, is present in Albania through its wholly-owned subsidiaries Devoll Hydropower and Statkraft Renewables Albania.

($ = 0.9835 euro)

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