English

The Power Distribution Operator OSHEE has formalized its split into smaller companies by registering with the National Business Center its three new companies. The first company created by this process is the Distribution System Operator…

8.5m euros is the amount secured by the Albanian Power Corporation KESH as a result of the sale of energy for the period April 1-30. Rainfall seems to have favored power generation significantly, causing part of it to be sold and thus…

A gas-powered power and heating plant of 500 MW is expected to be built in the city of Korça. The project was presented during the round table organized by the International Finance Corporation (IFC) and IVICOM GmbH. The investment…

Albanian Securities Exchange has welcomed the Initiative of the Albanian government to float state-owned electricity distributor OSHEE on the stock market this year. In an interview for TV Scan, ALSE CEO Artan Gjergji says that in all…

Foreign direct investment in Albania amounted last year to 970 million euros. According to Bank of Albania’s statistics, foreign investments closed another year on the rise, with about 3.6% more compared to 2016. In fact, the fourth…

The Electricity Distribution Operator will be listed on the Albanian Stock Exchange, enabling citizens to become part of the company through the purchase of shares. The plan was made known by Prime Minister Edi Rama during the…

Albania is ranked among the leading countries in the world in terms of energy and readiness to shift towards a more sustainable energy. At least this is what the World Economic Forum writes in its most recent report entitled “Fostering…

The prolonged drought in 2017 has resulted in lowered power production by 36.6% compared to the previous year, affecting significantly the increase in imports and the decline in exports. According to the Energy Balance, published by the…

Being a highly strategic energy project for the European Union,the Trans Adriatic Pipeline (TAP)will secure external funding for the project, Lisa Givert, TAP Head of Communications, told Azernews. She recalled that in early February…

Albanians are among the first buyers of the newest virtual currency in the market, Petro, which is a cryptocurrency that is supported by the oil reserves of Venezuela. Just a few days ago, President Nicolas Maduro announced the release…