Macedonia Renewable Energy Growth: June Progress Report
North Macedonia saw an 11% increase in renewable energy output in June, primarily driven by hydroelectric power. While this growth is encouraging, thermal power plants still constitute a significant 55% of the country’s electricity mix. This reliance on traditional energy sources underscores the significant potential for greater energy independence through a more robust integration of renewable sources like solar and wind. The European Bank for Reconstruction and Development (EBRD) has recognized this potential, recently approving a €4 million loan to support green energy investments in North Macedonia. You can read more about this initiative here: EBRD Approved €4 million for Green Energy Investment.
Macedonia Renewable Energy: Opportunities in Solar and Wind
The current energy landscape presents a crucial opportunity for North Macedonia to diversify its energy sources and reduce its reliance on thermal power. A deeper exploration into solar and wind energy development could pave the way for a more sustainable and secure energy future. For more insights into the solar sector, you can explore the North Macedonia Solar Panel Manufacturing Market Insights Report: North Macedonia Solar Panel Manufacturing | Market Insights Report. This report provides valuable information on the market trends, costs, and growth potential within the country’s solar industry. By strategically leveraging these renewable resources, North Macedonia can move towards greater energy independence and contribute to a cleaner environment.
