North Macedonia Solar Cell Enterprise

Who built the first solar plant in North Macedonia?

The 10MW solar plant, built on the site of the spent Oslomej lignite coal mine, was constructed by the public company JSC Elektrani na Severna Makedonija (ESM). This is the company’s first solar plant in North Macedonia, developed with a view to diversifying energy sources and supporting decarbonisation.

Who produces electricity in North Macedonia?

The main entity in North Macedonia for electricity production is a state owned company Elektrani na Makedonija (ELEM), with ~70% of the total installed capacity. ELEM is the owner of the two large coal fired thermal power plants, Bitola and Oslomej.

How much solar power does North Macedonia have?

By the end of 2023, North Macedonia had deployed 535 MW of solar capacity, a significant increase from 190 MW at the end of 2022, according to the International Renewable Energy Agency (IRENA).

How will a new solar plant help Macedonia?

Andi Aranitasi, EBRD Head of North Macedonia, said: “The new solar plant will help the country, which faces severe air pollution from coal, to reduce its reliance on ageing coal-fired infrastructure. It will also generate cheap electricity in times of very high market prices.

Will VCIG acquire a solar farm in North Macedonia?

VCI Global has engaged the consulting firm OTB Solutions Dooel Skopje in North Macedonia to identify and secure additional solar farm opportunities. “This is the beginning of a series of solar farm acquisitions that VCIG will undertake and looking ahead for more acquisition opportunities across Southeast Asia and Europe.

What is North Macedonia's energy mix?

North Macedonia’s energy mix is dominated by domestic lignite coal-fired units and relies heavily on imports mainly in the form of gas and oil products. Coal is the main source of electricity and accounted for 50% of total generation capacity and 58% of electricity generation in 2019, one of the highest level in Europe.