ProCredit Bank, Kosovo, acting on behalf of ProEnergy, invited interested companies to submit their bids for the establishment of a grid-connected solar photovoltaic (PV) project and a 20 kV underground cable for connection to the project’s grid in Kosovo.
The deadline for submitting offers is August 31, 2021.
The scope of work includes the provision, procurement, construction, commissioning and full operation and maintenance for two years of the 3 MW grid connected solar photovoltaic project in Gracke e Vjeter, Municipality of Lipjan in Kosovo .
The offer also covers the design, supply, procurement, construction and commissioning of a 20 kV underground cable line for connection to the grid of the 3 MW solar photovoltaic project.
ProCredit Bank is looking for a professional contractor to provide the services of ProEnergy. Based in Pristina, Kosovo, Pro Energy is a Special Purpose Vehicle (SPV) formed to develop, finance, build, own and operate solar energy projects. The SPV belongs to ProCrédit Holding, Frankfurt, Germany, and ProCredit Bank, Kosovo.
According to the tender documents, the validity of the offer must be five months (150 days) from the day of delivery, and the prices must be indicated in euros. The tenderer must submit references to similar services previously provided.
Kosovo is heavily dependent on coal and lignite power plants (1,288 MW) which cover 91% of the country’s energy production. The projects are around 40 years old and need to be restored or discontinued, according to a report from the University of Pristina. This has resulted in the need for energy alternatives, which has opened up opportunities for the deployment of renewable energies. The share of solar energy in Kosovo’s energy mix is said to be less than 1% due to a lack of investment and a stable regulatory framework. The Kosovo Ministry of Economic Development and Energy Regulatory Bureau has set a target of 25% and a voluntary target of 29% for renewables in gross energy consumption until 2020.
International Finance Corporation (IFC) – the financial arm of the World Bank is also providing transaction advisory support to the Ministry of Economy and Environment in the development of a solar public-private partnership project of 50 MW, through an open and competitive tendering process.
In March 2021, the Transmission, System and Market Operator (KOSTT) of Kosovo also signed an agreement for the installation of a 150 MW solar project with Solar Energy Group Europe Egbert.
Rahul is a journalist at Mercom India. Prior to entering the world of renewable energy, Rahul was the head of the Gujarat office for The Quint. He also worked for DNA Ahmedabad and Ahmedabad Mirror. Coming from a banking and financial background, Rahul also worked for JP Morgan Chase and State Bank of India. More articles by Rahul Nair.