Alcazar Energy Partners launches 400 MW wind power project in North Macedonia. 25 June 2024 - Alcazar Energy Partners is kickstarting a 400 MW wind power investment in North Macedonia. Its new AEP-I fund is worth USD 490 million.
"We are very proud to be a partner of North Macedonia in this innovative country-led platform, which blends government commitment, international support and private finance to accelerate a just energy
The global energy crisis has exposed all the difficulties of North Macedonia, with its limited and obsolete production system. Renewing it and bringing it up to date is one of the main challenges for the future of the country
North Macedonia should finalise the transposition of the required elements of the EU ETS Directive, including the Monitoring and Reporting Regulation and Accreditation and Verification
Today, we agreed that the Energy Community Secretariat will be a strong partner for North Macedonia to advance a socially acceptable energy transition, aligned with the ambitions of the European Green Deal.
The results of the study are unambiguous: North Macedonia has an enormous untapped potential for renewable energy development. Even when completely excluding all important bird and plant areas, the potential comes to
Today, we agreed that the Energy Community Secretariat will be a strong partner for North Macedonia to advance a socially acceptable energy transition, aligned with the ambitions of the European Green Deal.
"We are very proud to be a partner of North Macedonia in this innovative country-led platform, which blends government commitment, international support and private finance to accelerate a just energy transition," said the EBRD''s President Renaud-Basso.
The platform seeks to combine government, international finance and private investment to reach 1.7GW of renewable energy generation by the end of the decade as well as grid and energy storage upgrades and measures to support communities affected by
North Macedonia was the first Energy Community contracting party to submit its draft NECP to the organization''s secretariat. Only Albania also submitted its draft, while the remaining Western Balkan countries – BiH, Kosovo*, Montenegro, and Serbia –
Like others in the region, North Macedonia must balance its need to rapidly accelerate the transition to renewables to secure its energy future with the need to ensure that future is one where both the country’s nature and people thrive.
Director Lorkowski said: “ I congratulate the Government of North Macedonia for setting a clear energy transition pathway by adopting the National Energy and Climate Plan. This reflects the country’s dedication to decarbonisation and transformation of its economy and energy system to face the new challenges of the 21st century.
North Macedonia today launched a just energy transition investment platform to guide its far-reaching plans for a low-carbon and just transition of the electricity sector.
Solar power Built on a former lignite open pit mining site, North Macedonia's Oslomej solar park will have an installed capacity of 120 MW when fully completed. © Ciril Jazbec
Even though the country has historically been dependent on lignite coal mining for around 30% and gas imports for an additional 15% of its electricity production, it has nonetheless set very ambitious goals for decarbonization. As part of the Powering Past Coal Alliance, North Macedonia has committed to a coal phase-out by 2027.
The green economy transition will bring net economic benefits, supporting North Macedonia in entering green value chains and increasing the competitiveness of its economy. However, coal-reliant regions may be impacted unevenly.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.