How will North Macedonia help reduce energy shortages?

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:

Why is Alcazar energy launching a wind farm in North Macedonia?

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.

Will North Macedonia get a grid connection?

Like other countries in Southeast Europe, North Macedonia is flooded with investor applications for the grid connections of new solar and wind projects. The transmission system operator (TSO) MEPSO has a huge waiting list for the preliminary grid connection. In her words, the investors want to connect a total capacity of 9,000 MW.

How much will North Macedonia's wind farm investment cost?

The investment, that will exceed USD$500m, is the most to be made towards renewable infrastructure in the country. It will also place the project among one of the largest wind farms in the Western Balkans and will almost fivefold increase North Macedonia’s installed wind capacity once fully operational.

Is North Macedonia ready for Energy Independence?

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.

Why did the new government of North Macedonia need securing energy supplies?

Firstly, the Ministry of Energy, Mining, and Mineral Resources needed to address a critical issue: securing energy supplies for the winter. Sanja Božinovska stated that the new Government of North Macedonia inherited a challenging situation in the energy sector and had to make every effort to ensure a reliable energy supply throughout the winter.