GEN-I’s Solar Power Expansion in North Macedonia: A Renewable Energy Milestone
GEN-I, the leading electricity supplier in Slovenia, has completed its second major solar power plant in North Macedonia. This ambitious 17.5 MW project, developed in partnership with the local company Solarpro, is a key part of GEN-I’s overarching strategy to strengthen its renewable energy presence in the region.
Strategic Solar Power Expansion in North Macedonia
GEN-I’s strategic entry into North Macedonia’s energy market began in 2018, and the company quickly established a strong presence. The completion of its first major solar power plant in Amzabegovo in 2022, with a 17.5 MW capacity, was a significant milestone.
The launch of this second plant now doubles the company’s total solar capacity in the country to 35 MW. These developments are key steps in GEN-I’s plan to develop 100 MW of solar capacity in North Macedonia, solidifying its commitment to the region.
Robert Golob, CEO of GEN-I, emphasized the strategic importance of these projects. He noted that they pave the way for future solar power developments in North Macedonia and support the company’s long-term goal of expanding its renewable energy portfolio.
GEN-I’s plan to establish 100 MW of total capacity in the coming years demonstrates its firm commitment to sustainable energy.
The Role of Solar Power in North Macedonia’s Energy Transition
North Macedonia is actively diversifying its energy sources to increase the share of renewables in its national mix. Historically dependent on lignite—a type of coal with a significant environmental impact—the country’s shift toward renewables like solar power is vital for reducing carbon emissions and meeting international climate obligations.
GEN-I’s projects align perfectly with the government’s renewable energy goals. The North Macedonian government aims for renewables to make up 23% of the nation’s total energy consumption by 2025. Given the country’s significant solar potential, solar power is expected to play a crucial role in achieving this target. For more on North Macedonia’s renewable energy landscape, visit PVknowhow.com.
Economic Impact of Solar Power Projects in North Macedonia
The development of solar power plants in North Macedonia also provides a significant boost to the local economy. These projects create jobs during construction and contribute to the region’s energy security. The partnership between GEN-I and Solarpro is a key example of how international collaboration can drive renewable energy development in emerging markets.
GEN-I’s investment reflects a larger trend of European companies expanding their renewable energy portfolios in the Balkans. The region’s favorable geographic and climatic conditions offer significant opportunities for both solar and wind power. For insights on similar projects, see the Kontek Solar Acquisition in North Macedonia.
GEN-I’s Broader Commitment to Renewable Energy
GEN-I has established itself as a leader in the renewable energy sector, both in Slovenia and beyond. The company’s focus on solar power is part of a broader strategy to reduce its carbon footprint and contribute to global efforts against climate change. In addition to its work in North Macedonia, GEN-I is actively involved in other renewable energy initiatives across the region.
GEN-I’s success in North Macedonia demonstrates the viability of solar power in the Balkans and sets a promising precedent for future projects. As North Macedonia continues to develop its renewable energy sector, GEN-I’s investments will be essential in helping the country achieve its energy transition goals.
