North Macedonia: EBRD weighs €37 million support for landmark

The European Bank for Reconstruction and Development (EBRD) is reviewing a proposal to provide up to 37 million euros to North Macedonia''s state-owned power utility ESM for a major

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NORTH MACEDONIA RENEWABLE ENERGY MARKET

This report, “North Macedonia Renewable Energy Market – 2025 Update”, has been produced by Invest In Network as part of the Energy Week Western Balkans 2025 framework.

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North Macedonia renewable energy: Impressive growth in 2025

By adding solar power generation to the reservoir, the plant provides a reliable source of energy even during periods of low water levels, creating a powerful hybrid system. This project is part

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134MWdc solar project in North Macedonia backed by EBRD and KfW

The project supports North Macedonia''s plans to phase out coal and cut greenhouse gas emissions by 82% by 2030 under its National Energy and Climate Plan and updated NDCs.

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North Macedonia – Solar PV Project (Gradsko)

This large-scale solar PV project is designed to significantly increase the share of renewable energy in North Macedonia''s electricity mix. The project will deliver both substantial clean power generation

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EBRD and KfW finance North Macedonia''s flagship solar farm

The Bitola 3 Solar Power Plant is a flagship project under the Just Energy Transition Investment Platform (JETIP), launched by North Macedonia at COP28 in 2023 with critical technical

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Financing secured for 134 MW solar project in North Macedonia

Elektrani na Severna Makedonija (ESM), the state-owned electricity generation utility of North Macedonia, has secured a €87 million ($102.5 million) financing package for a 134 MW solar...

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EBRD mulls loan for 134-MWdc solar project in N Macedonia

The European Bank for Reconstruction and Development (EBRD) is considering lending up to EUR 37 million (USD 43.3m) to North Macedonia''s state-owned power utility to finance the

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Zen Energy Group kicks off construction of hybrid PV-BESS project in

Luxembourg-based Zen Energy Group has started the installation of a hybrid energy project in North Macedonia, combining a solar power plant and a battery energy storage system.

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North Macedonia unveils EUR 5.7 billion plan for new power plants

Minister of Energy, Mining and Mineral Resources of North Macedonia Sanja Božinovska today presented another annual plan for the construction of power plants and energy storage

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