North Macedonia is set to significantly boost its renewable energy capacity by 2025, with the upcoming construction of a floating solar power plant and a major photovoltaic solar project. These initiatives, supported by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), are part of the country’s broader strategy to transition to sustainable energy sources. This push is yielding impressive results, with the country adding an average of nearly one megawatt of new renewable capacity every day.
Floating Solar Power Plant for North Macedonia Renewable Energy
The development of a floating solar power plant, with a capacity of 118 megawatts (MW), marks a significant milestone in North Macedonia’s renewable energy journey. This project, financed by the EBRD, will be constructed on the Kozjak reservoir, a crucial part of the country’s hydroelectric infrastructure. The floating solar plant is expected to be operational by 2025, making it one of the largest of its kind in the world.
Floating solar technology offers several advantages over traditional ground-mounted solar farms. By utilizing the surface of the reservoir, the plant conserves valuable land resources while also reducing water evaporation. Additionally, the cooling effect of the water on the solar panels can increase their efficiency, leading to higher energy output.
Mitigating Climate Risks with North Macedonia Renewable Energy
The floating solar power plant will not only contribute to North Macedonia’s renewable energy capacity but also help mitigate climate risks. The Kozjak reservoir, integral to the country’s hydroelectric power generation, has faced challenges due to droughts and low rainfall. By adding solar power generation to the reservoir, the plant provides a reliable source of energy even during periods of low water levels, creating a powerful hybrid system.
This project is part of a broader trend of integrating solar power with existing hydroelectric infrastructure. To further enhance grid stability, the country is also exploring large-scale energy storage solutions. The ambitious North Macedonia battery storage: Impressive 4.2 GW Plan highlights a forward-thinking approach to ensuring a consistent power supply. By combining these renewable sources, North Macedonia is creating a more resilient and sustainable energy system that can serve as a model for other nations vulnerable to climate change.
Major Photovoltaic Solar Project for North Macedonia Renewable Energy
In addition to the floating solar power plant, North Macedonia is also developing a 35 MW photovoltaic solar project. This project, expected to begin construction soon, will further enhance the country’s renewable energy portfolio and is part of a wider solar expansion. Companies like GEN-I are also contributing significantly, with GEN-I’s Solar Power Expansion in North Macedonia laying the groundwork for future developments.
The EU has played a significant role in supporting these ventures. The European Investment Bank (EIB) has strengthened its partnership with the nation, investing €1.6 billion in sustainable projects to support its green transition. This financial backing is crucial for realizing the full potential of these large-scale installations and understanding the plant cost breakdown associated with them.
Leading the Energy Transition in North Macedonia Renewable Energy
North Macedonia’s ambitious renewable energy projects underscore its commitment to leading the energy transition in the Western Balkans. By investing in innovative technologies like floating solar power and expanding its photovoltaic capacity, the country is positioning itself as a regional leader. This is further supported by a new Energy Law aimed at aligning with EU markets and simplifying permitting procedures. The nation’s progress is even inspiring similar efforts in the region, such as the push for Kosovo battery storage: Unique Licenses Granted in 2024.
The combination of solar, hydro, and emerging battery storage will provide North Macedonia with a more stable and sustainable energy system. The country’s supportive policies are also making it an attractive location for green investments, with growing interest in financing a solar factory in North Macedonia. These projects demonstrate the importance of international cooperation and financial support in advancing the global transition to renewable energy.
North Macedonia’s renewable energy projects are set to transform its energy landscape by 2025. With the construction of innovative power plants, the country is making significant strides toward achieving its renewable energy goals. Supported by the EBRD and the EU, these initiatives will not only increase North Macedonia’s renewable energy capacity but also enhance its energy security and resilience in the face of climate change.
If you are interested in the technical aspects of these technologies, from the initial concept to a fully operational plant, consider exploring our free e-course on solar manufacturing.
