Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said: “We are thrilled to launch a major wind farm project in the Western Balkans, providing North Macedonia with clean, affordable electricity and creating local jobs. Alcazar Energy sees North Macedonia as a promising investment location for renewable energy.
Due to North Macedonia's grid connections with Greece, Bulgaria, Serbia and Kosovo, the project will help to both reduce energy shortages and support the transition to renewable energy in the Western Balkans and Southeast Europe. Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said:
Hristijan Mickoski, Prime Minister of North Macedonia, stated: “We are standing ahead of the largest investment in renewable energy sources that we ever had. This investment marks the beginning of the government's policy to create energy independence for Macedonia.
The Bogdanci wind park, North Macedonia's first wind energy facility, currently operates with sixteen wind turbines, each with a capacity of two to three megawatts. Plans to expand this wind park aim to further boost clean energy production in the country.
From Coal to Cool: Macedonia''s Energy Makeover North Macedonia''s energy mix used to resemble a smoky café – heavy on coal, light on innovation. But here''s the kicker: The country''s
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The electric power production system in North Macedonia consists of twocoal power plants with a total installed capacity of 825 megawatts (MW),several hydro power plants with a total installed capacity
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North Macedonia''s 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion, and 96 acceptable proposals for standalone and
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On 28 May, North Macedonia''s state-owned electricity generation company, ESM, signed an agreement with Siemens Gamesa Renewable Energy (SGRE) for the completion of the final
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Skopje, 25.06.2024 – Alcazar Energy Partners, a leading investor in renewable energy within growth markets, announces the launch of the largest wind farm project in North Macedonia with a capacity of
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Soon after it closed its AEP-II investment at USD 490 million, Alcazar Energy Partners is kickstarting a 400 MW wind power investment in North Macedonia. New Prime Minister Hristijan
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This report provides a comprehensive update on North Macedonia''s renewable energy sector for foreign developers and investors. It covers the current landscape across solar, wind, hydro,
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The “Duck Curve” Problem (And How to Fix It) Renewable energy has a quirky issue called the duck curve —when solar/wind production peaks but demand doesn''t. In Skopje, evening
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The Bogdanci Wind Park project nears its final phase, strengthening North Macedonia''s commitment to renewable energy and sustainability.
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The state-owned company Elektrani na Severna Makedonija (AD ESM) is embarking on a new investment cycle in renewable energy sources with the support of a favorable loan from the
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