Voltalia strengthens its presence in Albania and inaugurates its new office in Tirana.
14 August 2023 - 6:00PM
Voltalia strengthens its presence in Albania and inaugurates its
new office in Tirana.
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable energies,
announces the opening of a new office in Albania, in Tirana. This
initiative is part of its commitment to support its strong growth
in the country.
The new Voltalia office, located in the building
known as the European Trade Center in Tirana, currently holds 23
employees. The team is mainly composed of Albanians but it also
includes profiles from other European countries.
Voltalia benefits from experience acquired over
more than five years in the country, first as a builder of solar
power plants owned by Albanian customers, then also as a developer
of photovoltaic and wind power sites for its own account, with 140
megawatts of solar plant under construction and 100 additional
solar megawatts of secured contracts.
Today, with over a hundred subcontractor
partners spread across various projects and a deep understanding of
the country and the sector, Voltalia has a strong foundation to
continue its growth in the country.
Albania, with growing energy needs and an
already essentially renewable energy mix, continues to diversify
its production by turning mainly to solar and wind power.
Next appointment: First-half 2023
results, September 27 (before market-opening).
Voltalia in Albania, a continuous
presence since 2018
A construction and maintenance service
provider
Voltalia has been present in Albania for over
five years, delivering turnkey construction contracts for
third-party clients involving three photovoltaic power plants (7.5
megawatts) as part of its operations. As an example, in 2019,
Voltalia provided construction services for a 2.5-megawatt solar
power plant located in the Fier region, in the southwest of the
country. This solar power plant has been operational since the
third quarter of 2019. The Voltalia Greek teams played a major role
in this project, leveraging their geographical proximity and
valuable knowledge of the region.
A renewable energy producer
- The Karavasta Power Plant
In 2020, Voltalia secured a thirty-year
concession contract for a 140-megawatt photovoltaic power plant,
the largest solar plant in the Western Balkans. The construction of
the plant started in July 2022, and when completed will cover the
annual electricity consumption of 220,000 residents, equivalent to
twice the consumption of Albanian cities like Vlora or Kamza.
Moreover, it will prevent the emission of over 29,165 tonnes of CO2
annually, approximately 7% of the industrial sector emissions in
Albania. Gradual commissioning is scheduled for the last quarter of
2023.
- The Spitalla Project
In May 2021, Voltalia secured a second solar
project called Spitalla with a potential capacity of up to 100
megawatts, located in the Durrës region on the Adriatic coast.
Similar to Karavasta, Voltalia will develop, build and operate the
project.
Deployment of innovative projects and
promising growth prospects
The Albanian government continues its energy
transition and is launching several wind energy tenders. For many
of these projects, Voltalia is actively engaged in the prospection
phase. The company is also involved in agrivoltaic projects, where
agricultural activities and electricity production are combined to
maximize land use. This innovative synergy aims to create a useful
and efficient solution for a growing rural economy.
About Voltalia
(www.voltalia.com)
Voltalia is an international player in the
renewable energy sector. The Group produces and sells electricity
generated from wind, solar, hydraulic, biomass and storage
facilities that it owns and operates. Voltalia has generating
capacity in operation and under construction of more than 2.7 GW
and a portfolio of projects under development representing total
capacity of 14.2 GW.
Voltalia is also a service provider and supports
its investor clients in renewable energy projects during all
phases, from design to operation and maintenance.
As a pioneer in the corporate market, Voltalia
provides a global offer to private companies, ranging from the
supply of green electricity and energy efficiency services to the
local production of their own electricity.
With more than 1,550 employees in 20 countries
on 3 continents, Voltalia has capacity to act globally for its
customers.
Voltalia is listed on the regulated market of
Euronext Paris, compartment B (FR0011995588 – VLTSA) and is part of
the SBF 120, Enternext Tech 40 and CAC Mid & Small indices. The
Group is also included in the Gaïa-Index, an index for socially
responsible midcaps
VoltaliaLoan Duong, Head of Communications &
IR
l.duong@voltalia.com
Investor
Relations : invest@voltalia.com
Press cjjullia@actifin.fr
. T. +33 (0)1 56 88 11 19
- 230814 Voltalia Inauguration of new offices in
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