How much solar power does North Macedonia have?

By the end of 2023, North Macedonia had deployed 535 MW of solar capacity, a significant increase from 190 MW at the end of 2022, according to the International Renewable Energy Agency (IRENA).

Will VCIG acquire a solar farm in North Macedonia?

VCI Global has engaged the consulting firm OTB Solutions Dooel Skopje in North Macedonia to identify and secure additional solar farm opportunities. “This is the beginning of a series of solar farm acquisitions that VCIG will undertake and looking ahead for more acquisition opportunities across Southeast Asia and Europe.

Should North Macedonia accelerate the transition to renewables?

Like others in the region, North Macedonia must balance its need to rapidly accelerate the transition to renewables to secure its energy future with the need to ensure that future is one where both the country’s nature and people thrive.

Does North Macedonia need a coal phase-out?

Even though the country has historically been dependent on lignite coal mining for around 30% and gas imports for an additional 15% of its electricity production, it has nonetheless set very ambitious goals for decarbonization. As part of the Powering Past Coal Alliance, North Macedonia has committed to a coal phase-out by 2027.

Is North Macedonia a good candidate for smart sitting?

Seeing the country’s forward-thinking approach to renewables and natural beauty, The Nature Conservancy (TNC) identified North Macedonia as a prime candidate for the implementation of the smart siting approach currently being undertaken in Croatia and Serbia as well.

Does North Macedonia have a decarbonization goal?

Despite historically relying on lignite coal mining for approximately 30% of its electricity production and gas imports for an additional 15%, North Macedonia has set ambitious decarbonization goals.