North Macedonia solar power project to reach 100 MW capacity

North Macedonia Solar Power Project Overview

North Macedonia plans to develop two solar power plants with a combined capacity of up to 100 MW at the former Oslomej coal mine in western North Macedonia. The projects are developed in partnership with the state power utility, Elektrani na Severna Makedonija (ESM).

North Macedonia Solar Power Financial Details

The estimated investment for the projects is approximately €80 million. A private investor will operate the solar plants under a 35-year contract. The contract stipulates that the investor will pay ESM an annual fee equal to 10% of electricity-sale revenues and will transfer the facilities to ESM when the contract expires.

North Macedonia Solar Power Timeline and Bidding Process

The bidding deadline for the project was set for May 8, with the winning bidder being selected primarily based on the highest revenue share offered to the state utility.

North Macedonia Solar Power Environmental and Economic Impacts

This initiative contributes to North Macedonia’s transition from coal to solar energy. It aims to reduce pollution, repurpose a former mining site, and create employment opportunities for individuals displaced from the coal sector.

North Macedonia Solar Power Context

The project has garnered praise from the European Union as a significant step in demonstrating how coal regions can successfully transition to renewable energy, fostering sustainable regional development.

North Macedonia Solar Power Sources

1. N. Macedonia wins EU praise for pioneering coal-to-solar shift – The Economic Times
2. EBRD obezbijedila 232 miliona EUR za najveću solarnu elektranu
3. North Macedonia’s Ambassador, Paolo Palminteri, Meets with Minister for Roma Affairs
4. Kos: North Macedonia’s European future is tied to politicians’ decisions and constitutional changes
5. North Macedonia Must Amend Constitution to Advance EU Integration, Enlargement Commissioner Says
6. Sto trapezi i epanaleitoyrgia toy diylistirioy OKTA sti Boreia Makedonia
7. Sali in Brussels: Gradual rapprochement with the EU should create real opportunities for citizens
8. Bekim Sali and Magnus Brunner discuss easing transport and strengthening security
9. Bulgarian Ambassador to North Macedonia Zhelyazko Radukov Lays Wreath at Monument to IMARO Founders in Skopje
10. Nikoloski: we will support the development of Brvenica

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