3Power Energy Group Inc (PSPW)

[future123]

The 1.2 billion euro project in energy receives the status of investment with strategic potential
26/10/2023 11:00 PM

A project worth 1.2 billion euros in energy has gained the status of "Project with Strategic Potential".

The project is combined photovoltaic and wind, while KIS has rejected the request of at least two other entities that have requested strategic investment status in the energy sector.

The project approved according to the data presented by the Committee of Strategic Investments (KIS) envisages the construction of a 190 MW solar and 636 MW wind park, Tropoja.

"The presented project is in accordance with the provisions of the strategic investment legislation, for the benefit of the status of "project with strategic potential".

The investment value of the project with strategic potential "Solar energy park 190 MW and wind energy 636 MW, Tropoje" meets the criteria provided by the legislation for strategic investments and is expected to be 1.2 billion euros.

The project is proposed to be realized by the entity Eralb Invest 2 sh.pk, with NUIS M21823010B.

The project aims to realize a complex investment consisting of a wind energy park with a capacity of 636 MW, where 100 wind turbines will be installed, as well as a photovoltaic park with a capacity of 190 MW, where 418,500 solar panels will be installed.

The entity has divided the project into phases, where the first phase will start with a wind resource measurement campaign, the second phase will determine the exact footprint of the project with the exact location for each turbine, and the third phase will consist of the application for the benefit of the final status 'Investment/strategic investor, special procedure'.

The project aims to be realized on an area of ??384.6 Ha and extends to the villages of Viçidol, Berishë, Luzhë and Paç, Tropojë Municipality" the document states.

KIS in its decision specifies the "Approval of the Status "Project with Strategic Potential" for the investment project "Solar energy park 190 MË and wind 636 MW, Tropoja" proposed by the entity Eralb Invest 2 sh.pk, with NUIS M21823010B.

The status "Project with strategic potential" is given to the investment project "Solar energy park 190 MË and wind energy 636 MË, Tropoje" proposed by the entity Eralb Invest 2 sh.pk, for a period of 6 (six) months.

Within this period, the subject Eralb Invest 2 shpk must apply for the benefit of the final status "Strategic investment/investor, special procedure".



140 ha apple and strawberry plantation

The project for a 140-hectare plantation in Maliqi Municipality has gained strategic investment status from the Strategic Investment Committee.

In a decision already made public, the specifics on this project are given, where it is foreseen that apples and strawberries will be cultivated.

"The applicant proposes an investment in the field of agriculture and aims to build an apple and strawberry plantation in Cadastral Area No. 3359, in Maliq Municipality.

The entity proposes that the cultivation of the apple culture be realized on an area of ??approximately 140 (one hundred and forty) ha with variations such as Pink Lady & Fuggi and the cultivation of the strawberry culture be realized on an area of ??40 (forty) ha. The total target area is about 180 (one hundred and eighty) ha.

The investment value of the investment project "Plantation Molle & Luleshtrydhe Sheqerasi" meets the criteria provided by the legislation for strategic investments and is expected to be 3,125,538 (three million one hundred and twenty five thousand five hundred and thirty eight) euros.

The project meets the employment criteria required by the legislation for strategic investments, anticipating the employment of 180 (one hundred and eighty) people" is presented in the KIS decision.

The "Investment/Strategic Investor Assisted Procedure" status already approved by KIS has a 4-year term.

https://www.monitor.al/projekti-1-2-mld-euro-ne-energji-merr-statusin-e-investimit-me-potencial-strategjik/