Albania embraces plan to become a green energy powerhouse in Europe

Albania embraces plan to become a green energy powerhouse in Europe

Tirana : Albania | May 12, 2012 at 6:51 AM PDT
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Enel Green Power, founded in 2008, develops and manages energy generation from renewable sources

Sahit Muja: Albania embraces plan to become a green energy powerhouse in Europe

The Prime minister of Albania Sali Berisha has embraced ambitious plans to power Albania on renewable green sources of energy.

Albania has a huge potential for renewable green energy from hydro-power, wind, solar, geothermal, and biomass. Albania has the largest proven oil reserves in Europe and large reserves of natural gas and coal.

If Albania invests and utilizes all renewable sources of energy by 2020, green electricity will be 100% source of power for Albanian factories and households.

Albania has a huge natural potential to be one of the world’s most important laboratory of green energy.

The Albanian Government has paved the way for billions of dollars to be invested for green power projects. Prime Minister Berisha has been committed to make Albania a energy powerhouse in Europe.

Under Mr.Berisha's leadership the Albanian economy continues to grow with the best rate in Europe. In the last 7 years under PM Berisha's leadership Albania has the world's largest increase in Tourism about 1000% .

The Albanian government is heavily investing in infrastructure, building roads and crating excellent climate for investors.

I have contacted the Albanian Prime Minister's office this week and the response by the Prime Minister's top adviser Nadia Qesja was immediately. She responded with an amazing professionalism and mindset. Ms.Nadia Qesja stated what I can do to help. This shows how dedicated the Albanian Government is to help investors and attract more investors.

Albania has one of the lowest tax systems in the world with only a 10% flat rate.

In the political front Mr. Berisha has led Albania to become a member of NATO and approved visa liberalization with the European Union.

Albanian Minerals in New York sees green energy as an important part of their business and investment strategies.

The Hydropower generation in Albania accounts for 90% of electricity produced while 10% is produced in small thermal power plants. .

The Albanian hydro potential is considered to currently be exploited at only 40%.

Large Hydropower projects under development include Skavica, up to 350MW, Devolli 400MW, Vjosa up to 400 MW, Kalivaci and Ashta at 48 MW hydropower plants and Valbona at 40 MW .

Albania has the potential to build 2000 hydro-power plants. Wind and solar energy sources have the greatest potential after hydro-power.

Albania has huge wind green energy potential from powerful winds from low sea levels to the Alps. Albania has some of the strongest winds in Europe. Albania has incredible potential in solar energy.

The Mediterranean country has one of the best numbers of the sunny days in the world.

Albanian Minerals & Bytyci SHPK is investing in green energy and mining in Albania.

Sahit Muja

President and CEO

Albanian Minerals

New York

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Albania: Green Energy
AlbanianMinerals is based in New York City, New York, United States of America, and is a Reporter on Allvoices.
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