Albania Sees Renewed Investor Interest in Solar Power Plants
Albania’s renewable energy landscape is buzzing with fresh activity, signaling a significant renewal of investor confidence in its solar power potential. A key indicator of this trend is a recent application submitted to the Ministry of Energy for a new 70-megawatt (MW) solar photovoltaic (PV) plant, underscoring the nation’s strategic push towards diversifying its energy mix.
A Landmark Project in Lushnja for Albania solar power
At the forefront of this renewed interest is the local Albanian renewables developer, 3X Energy. The company has formally expressed its interest in building a 70 MW solar plant in the village of Savër, in the Lushnja municipality of western Albania. This application to the Ministry of Energy marks a pivotal moment, highlighting that solar energy remains a key focus for investors looking to capitalize on Albania’s favorable solar irradiation and supportive policy environment.
While details on the project’s timeline and total investment are still emerging, the move by a domestic developer points to a maturing local market and growing confidence in the viability of large-scale solar projects within the country.
Driving Demand: Data Centers and a Favorable Investment Climate for Albania solar power
This development is not happening in a vacuum. A significant factor driving the demand for renewable energy in Albania is its emergence as a strategic location for data centers. The country’s combination of competitive costs and a growing supply of green energy is proving to be a powerful draw for international tech investments.
A prime example is the new €100 million investment by an Israeli company to build a data center. Such facilities are notoriously energy-intensive, and the availability of reliable, renewable sources like solar power is a critical prerequisite for their operation, creating a powerful, built-in demand for projects like the one proposed by 3X Energy.
The Broader Regional Context for Albania solar power
The enthusiasm for Albanian solar is mirrored by a broader investment trend across the Western Balkans. The European Investment Bank (EIB) Group, for instance, invested €822 million in new projects across the region in 2025, with a clear focus on energy diversification and sustainability. While this specific report highlights EIB’s support for a solar plant near PriÅ¡tina, it demonstrates the availability of significant international financing for well-structured renewable energy projects in the region.
This financial backing, coupled with the clear progress of similar utility-scale solar projects in neighboring countries, creates a robust and encouraging environment for investors eyeing Albania. The momentum is palpable, suggesting that the Savër project could be one of many to come as Albania continues its transition to a cleaner, more resilient energy future.
