How will North Macedonia help reduce energy shortages?Due to North Macedonia’s grid connections with Greece, Bulgaria, Serbia and Kosovo, the project will help to both reduce energy shortages and support the transition to renewable energy in the Western Balkans and Southeast Europe. Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said:.
How many wind turbines are there in North Macedonia?The Bogdanci wind park, North Macedonia’s first wind energy facility, currently operates with sixteen wind turbines, each with a capacity of two to three megawatts. Plans to expand this wind park aim to further boost clean energy production in the country.
Why is Alcazar energy launching a wind farm in North Macedonia?Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said: “We are thrilled to launch a major wind farm project in the Western Balkans, providing North Macedonia with clean, affordable electricity and creating local jobs. Alcazar Energy sees North Macedonia as a promising investment location for renewable energy.
How much will North Macedonia's wind farm investment cost?The investment, that will exceed USD$500m, is the most to be made towards renewable infrastructure in the country. It will also place the project among one of the largest wind farms in the Western Balkans and will almost fivefold increase North Macedonia’s installed wind capacity once fully operational.
How much solar power does North Macedonia have?MW facility completedby Mey Energy.North Macedonia enjoys high solar irradiation (1,200 kWh/kWp/year) and abundant degraded land, giving it an estimated technicapotential above 5–10 GW for PV11 12. The government’s initial goal to add 400 MW of solar by 2024 has efectively been met, and new targets envision 1 GW+.
Why is KfW building a wind park in Skopje na Severna Makedonija?Plans to expand this wind park aim to further boost clean energy production in the country. The loan agreement was signed by Moritz Reme, director of the KfW offices in Skopje and Pristina, and Lazo Uzuncev, General Director and Chairman of the Board of Elektrani na Severna Makedoni
The power plants will be designed and built by the most competitive bidder, adhering to the highest European and global standards, with the entire contractor selection process conducted in line with EBRD
North Macedonia on Wednesday marked the start of construction of its biggest-yet wind farm, a €430 million investment by Luxembourg-based company Alcazar Energy,
Agreements were signed on 28 May 2025 with Power Plants of North Macedonia (JSC ESM) and Siemens Gamesa Renewable Energy (SGRE) to complete the final phase of
One of the first foreign investments during the term of the new Government of North Macedonia will be a wind park, with annual power generation equal to about one-fifth of the total electricity production in the
Construction is scheduled to commence in early 2026, with the farm expected to power over 100,000 households annually and mitigate the release of more than 670,000 tons of carbon dioxide each year.
The power plants will be designed and built by the most competitive bidder, adhering to the highest European and global standards, with the entire contractor selection
North Macedonia''s government has announced a project with renewables investor Alcazar Energy Partners for the construction of the landlocked country''s biggest wind farm.
Are there any strategic projects or investments currently underway involving solar, wind, or hydro power that the Agency considers of national or regional importance?
Due to North Macedonia''s grid connections with Greece, Bulgaria, Serbia and Kosovo, the project will help to both reduce energy shortages and support the transition to
Construction is scheduled to commence in early 2026, with the farm expected to power over 100,000 households annually and mitigate the release of more than 670,000 tons
North Macedonia''s state-owned power company ESM has partnered with Danish wind technology firm Siemens Gamesa Renewable Energy to advance the next phase of the Bogdanci wind
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.
One of the first foreign investments during the term of the new Government of North Macedonia will be a wind park, with annual power generation equal to about one-fifth of
Due to North Macedonia’s grid connections with Greece, Bulgaria, Serbia and Kosovo, the project will help to both reduce energy shortages and support the transition to renewable energy in the Western Balkans and Southeast Europe. Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said:
The Bogdanci wind park, North Macedonia’s first wind energy facility, currently operates with sixteen wind turbines, each with a capacity of two to three megawatts. Plans to expand this wind park aim to further boost clean energy production in the country.
Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said: “We are thrilled to launch a major wind farm project in the Western Balkans, providing North Macedonia with clean, affordable electricity and creating local jobs. Alcazar Energy sees North Macedonia as a promising investment location for renewable energy.
The investment, that will exceed USD$500m, is the most to be made towards renewable infrastructure in the country. It will also place the project among one of the largest wind farms in the Western Balkans and will almost fivefold increase North Macedonia’s installed wind capacity once fully operational.
MW facility completed by Mey Energy.North Macedonia enjoys high solar irradiation (1,200 kWh/kWp/year) and abundant degraded land, giving it an estimated technica potential above 5–10 GW for PV11 12. The government’s initial goal to add 400 MW of solar by 2024 has efectively been met, and new targets envision 1 GW+
Plans to expand this wind park aim to further boost clean energy production in the country. The loan agreement was signed by Moritz Reme, director of the KfW offices in Skopje and Pristina, and Lazo Uzuncev, General Director and Chairman of the Board of Elektrani na Severna Makedonija.
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