4 FAQs about Financing for kosovo photovoltaic energy storage cabinetized waterproof project

Why is the EIB funding a solar plant in Kosovo?

The EIB is providing €33 million for the construction of one of Kosovo's largest solar photovoltaic plants. The new plant will contribute to higher energy security and the phasing out of coal-based power generation.

Why is Kosovo building a photovoltaic plant?

Kosovo's Minister of Finance, Labour and Transfers Hekuran Murati said: “The signing of today's agreement for the construction of the photovoltaic plant is a landmark moment as Kosovo advances its initiatives to secure renewable energy use for its citizens.

How can the EIB support the green transition in Kosovo?

To support the green transition in Kosovo*, the European Investment Bank (EIB) has signed a €33 million investment loan for the construction one of its largest solar photovoltaic plants near Pristina - with a capacity of up to 100 MWac (120MWp).

What is the Kosovo compact?

In line with Kosovo's current focus of transitioning towards an energy future that is more sustainable, inclusive, reliable, and affordable, the Kosovo Compact focuses on addressing Kosovo's unreliable supply of electricity, a binding economic constraint for the country, through three projects.

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