This report, developed by the International Renewable Energy Agency (IRENA) and the United Nations Development Programme (UNDP) under the Climate Promise cooperation framework sets out to identify barriers and provide recommendations for de-risking of renewable energy investments, to support North Macedonia accelerate the implementation of its enhanced NDC.
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TÜV SÜD conducted a feasibility assessment for the financing of a wind-energy project in North Macedonia. With a total installed capacity of 36 MW, the wind farm is expected to make an essential contribution to the country’s green energy transition. The assessment conducted is expected to make major contributions to the project’s investment security.
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The North Macedonia government announced that it has signed contracts with Bulgarian solar energy group Solarpro Holding and the Turkish Fortis Energy Electric for the construction of 100 MW of solar power plants. The projects will be located at the site of the old mine in Oslomej. The estimated cost of the project is Euro 70 million and the construction is expected to open 100 new jobs in the country.
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