Albanian battery container enterprise

Will Albania build its first lithium ion battery plant?

Chief Executive Officer Bruno Papaj said the firm signed a memorandum of understanding with an Indian investor on the construction of Albania’s first lithium ion battery plant. The facility is planned to come online within two years, with 100 MW in annual capacity.

How will the UAE and Italy work together in Albania?

It outlines key areas of cooperation between the UAE, Italy, and Albania, including the deployment of gigawatt-scale renewable energy projects in Albania, focusing on solar photovoltaics, wind, and hybrid solutions with potential battery storage. A significant portion of this renewable energy will be transmitted to Italy.

How will Albania contribute to the green energy transition?

Albania’s abundant natural resources, coupled with the strengths of our partners, will not only drive the green energy transition but will also create long-term economic and job opportunities. Together, we are laying the foundation for a greener, more resilient energy future for the Mediterranean region and beyond.”

Does Albania have a hydropower plant?

Hydropower makes up almost the entire domestic output in Albania, which helps balancing to a point, but it has no pumped storage hydropower plants. Furthermore, the country is exposed to drought and often turns to emergency imports.