Malaysia-based VCI Global Limited has agreed to acquire a 1.14 MW bifacial solar farm in Novo Selo, North Macedonia, for approximately $1.26 million (€1.2 million), pending due diligence. The farm, featuring Huawei inverters, operates at over 90% efficiency and is connected to the national grid under a Power Purchase Agreement with Mega Concept LLC Skopje. According to the International Renewable Energy Agency (IRENA), North Macedonia increased its solar capacity from 190 MW in 2022 to 535 MW in 2023 and aims for 38% renewables in energy consumption by 2030. VCI Global has enlisted OTB Solutions Dooel Skopje to explore further solar opportunities.
VCI Global acquired 1.14 MW solar farm in North Macedonia
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
Grenergy sold 23% of Oasis de Atacama, including 451 MW solar and 2.5 GWh storage, generating 1.3 TWh annually. (Image Credit/Source: SolarPanal355/Pixabay)
Designed for challenging sites, TopoSmart+ minimizes costs while maximizing power output for solar developers. (Image Source: GameChange Solar)
JSC divested its operational 66 MW solar farms in Poland while retaining a 190 MW portfolio. (Image Credit/Source: EnergeiaTomique/Pixabay)