Wind farm project in Albania

3 MW Wind Project – (Seman, Albania)
1. General Project Parameters
• Location: Seman, Municipality of Fier (Albania)
• Developer: ENERGY GREEN Sh.p.k.
• Technology: Onshore wind
• Installed power: 3,000 kW (3 MW)
• PPA term: 15 years with tariff regulated by ERE
2. Regulatory Framework
• Law No. 7/2017 – Promotion of energy from renewable sources
• Ministerial Decree No. 369/2017 – Purchase of energy from plants ≤3 MW
• ERE Sales No. 115 of April 26, 2021 – Average price: €75.64/MWh
3. Estimated revenues at guaranteed tariff
• Expected annual production: 6,000 MWh
• ERE incentive tariff: €75.64/MWh
• State royalty: 2%
• Annual gross revenues: €453,840
• Net revenues after royalties: €444,763.20
4. Initial investment and operating costs
• Total investment: €3,200,000
• Estimated annual operating costs: €30,000
• Expected annual net profit: €414,763.20
5. Economic indicators
• IRR: 9.75% net annual (pre-tax)
• ROI over 15 years: 194.42%
• Break-even point: 7.72 years
6. Conclusions
The proposed 3 MW wind farm project represents an initiative with:
• High and stable yield over time
• Payback in less than 8 years
• Regulatory and tariff stability guaranteed by the Albanian government