Turkish renewable power producer Fortis Energy plans to install up to 2 GW of renewable electricity and green hydrogen production capacity across several Balkan countries in the next five years.

The company plans to construct onshore wind, solar photovoltaic, and biogas plants as well as electrolyzers to produce green hydrogen. The facilities will be located in Albania, Bosnia, Herzegovina, North Macedonia, Serbia, and Turkey.

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Fortis Energy intends to construct a cumulative capacity of 1,036 MW of power plants in Serbia. Albania is anticipated to receive approximately 644 MW of these systems, whereas North Macedonia will house 252 MW and Bosnia-Herzegovina will host 40.6 MW.
 

Fortis Energy's ambitious investment in the Balkans is a testament to the growing momentum for renewable energy across the globe. This project serves as a model for other regions looking to embrace clean energy solutions and build a more sustainable future.

Fortis Energy is no stranger to the Balkans, already boasting nearly 200 MW of existing renewable energy assets in the region. Last month, the company successfully commissioned an 80-MW solar park in North Macedonia, demonstrating its commitment to the area. This latest initiative further solidifies Fortis Energy's position as a key player in the Balkan renewable energy landscape.

Balkan Renewable Energy Market

The Balkans boast rich renewable energy resources, particularly hydropower, wind, and solar. Several countries, like Albania, Montenegro, and Croatia, already have a high share of renewables in their electricity mix.

Most Balkan countries have a higher share of renewables in their electricity generation compared to the global average (40%). Albania and Montenegro lead with 96% and 79%, respectively.

About Fortis Energy

Fortis Energy is a prominent player in the Turkish renewable energy landscape, focusing on investments in solar, wind, biogas, and other sustainable sources. With a strong presence in Turkey, the Netherlands, and the Balkans, Fortis boasts a portfolio exceeding 190 MW of solar power plants and 12.48 MWe of biogas plants, collectively generating over 403 million kWh of clean energy annually.

The company champions a turnkey approach, offering comprehensive services from development and construction to maintenance and operation, ensuring project success through every stage. Fortis Energy's ambitious plans include expanding its capacity in the Balkans by up to 2 GW, reaffirming its commitment to driving the region's shift towards a more sustainable energy future.

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