View Company Profile: DEVOLL HYDROPOWER

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DEVOLL HYDROPOWER
ABA Business Center Office 1204 Papa Gjon Pali II
Albania,Tirana, Tirana, 1001

WEB: http://www.devollhydropower.al
NACE Codes
  • C.27.11 - Manufacture of electric motors, generators and transformers
Export Activity

Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 3500 employees in 16 countries. Statkraft has been present in Albania since 2007. Today, all activities in the country are organized through the 100 percent subsidiary Devoll Hydropower Sh.A., who is party to a concession agreement for hydropower developments on the Devoll river. Banja hydropower plant is located in Cërrik Municipality in Elbasan County, 65 kilometres southeast of Albania's capital Tirana. Ownership: 100 % Production: 254 GWh Power: 73 MW The power plant was officially opened in September 2016 as the first plant to be completed by Devoll Hydropower Sh.A. (DHP), an Albanian-registered company, owned and operated by Statkraft. In line with a concession agreement approved by the Albanian parliament in 2009, Devoll Hydropower will build, own and operate hydropower plants in cascade along the Devoll River in southeast Albania. The construction of Banja at the Devoll River started in June 2013. More than 2000 workers contributed to its construction activities. The plant has three Francis turbines with an installed capacity of 73 MW. A dam height of 80 metres gives a reservoir with a total volume of 391 billion litres of water, covering an area of 14 square kilometres. The Devoll project in Albania consists of two power plants, Banja and Moglicë, with a total output of 256 MW. Moglicë will open in 2019. In total, the two plants will have an annual production of around 700 GWh, which represents a 17-percent increase in Albania's total energy production. The investment decision for a third hydropower plant, Kokel, will be considered once the first two hydropower plants have been completed.

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