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KESH purchases full amount for energy

The Albanian Power Corporation KESH has concluded the electricity purchase procedure for November. After reviewing the bids, the company managed to purchase all the required amount of 129,600 MwH, while a total of around 8.8m euros were…

Serbia jeopardizes Albania-Kosovo Interconnection Line

The 400-kW power transmission line linking Albania with Kosovo is facing a possible failing. The alert comes from Albania’s State Supreme Audit, which has audited this year the project for the construction of this line. In its final…

Bozgo, Country manager for Albania leaves TAP

Trans Adriatic Pipeline (TAP) AG announced today that Shkelqim Bozgo, Country Manager for TAP AG, following nearly four years at the helm of TAP’s Albania Country Office, has left the Company today. Luca Schieppati, Managing Director at…

TAP to invest 800 mln euro in Albania in 2017-2020

The Trans Adriatic Pipeline Consortium plans to invest around 800 million euros for the period 2017-2020 in Albania, Albania project manager Shkëlqim Bozgo has declared. In overall, this project is expected to generate 1.5 billion euros…

OSHEE’s 8-month financial performance

During January-August, the Electricity Distribution Operator OSHEE has collected ALL 42.7 billion, while the level of losses has dropped to 27.5% from 28.1% last year. According to OSHEE data, the level of debt at the end of August fell…

Tesla is building the world’s biggest battery

By the end of the year, the state of South Australia will be home to the world’s biggest battery, if Elon Musk and Tesla make good on an ambitious commitment. The battery installation will be hooked up to a 99-turbine wind farm (which is…

Trans Adriatic Pipeline is 50% Completed

The Trans Adriatic Pipeline (TAP) is now more than 50% completed, nearly 16 months after construction began. This includes all engineering, procurement and construction scope. As of early-September 2017: TAP remains on its journey to…

TAP concludes 60% of work in Albania and Greece

The construction of the Trans-Adriatic Pipeline is proceeding at a rapid pace. TAP announced on Tuesday that it has completed work on welding and joining for around 60% of pipes passing through Albania and Greece. This means that they…

Two third of TAP route cleared in Albania and Greece

More than 500 kilometers out of 765 kilometers of the Trans Adriatic Pipeline’s (TAP) route has been cleared in Greece and Albania, which is 2/3 of the pipeline’s length in those two countries, TAP AG consortium said on its Twitter page.…