Karavasta Solar
Karavasta Solar solar overview.
Karavasta is a ground-mounted solar installation in Albania’s Fier region, developed and operated by Voltalia through Karavasta Solar SHPK. Its bifacial photovoltaic panels follow the sun on single-axis trackers across a 185-hectare site. The plant was commissioned in December 2023 and officially inaugurated in April 2025.In OperationAlbania
At a Glance
Capacity
140 MWMounting
GroundOperator
Data coming soonCountry
AlbaniaLocation
40.846°, 19.451°Website
Official project pageOwnership
3 records| Share | Organisation | Role | Details | Period |
|---|---|---|---|---|
| Unknown |  | Owner Operator | Karavasta Solar SHPK is the licensed project company for the Karavasta photovoltaic installation. | Current / not dated |
| Unknown | Indirect Parent | IFC identifies VMI-ALB-Karavasta B.V. as the immediate shareholder of Karavasta Solar SHPK within the Voltalia group. | Current / not dated | |
| Unknown | Owner Developer Operator | The project website identifies Voltalia as the developer, owner and operator of Karavasta. | Current / not dated |
Organisations
12 recordsOrganisations recorded as working on this asset or its project, and their role.
| Organisation | Role | Details |
|---|---|---|
| Project financingFinance Insurance Legal | Participated in the financing package for construction and operation of Karavasta described by EBRD in 2023. | |
| Project financingFinance Insurance Legal | Participated in the financing package for construction and operation of Karavasta described by EBRD in 2023. | |
| Project financingFinance Insurance Legal | Participated in the financing package for construction and operation of Karavasta described by EBRD in 2023. | |
KARAVASTA SOLAR sh.p.k. | Operator | Not set |
| Licensed project companyOwner Operator | Holds the generation licence for the Karavasta photovoltaic installation. | |
| Public electricity purchase agreementOfftake And Market | IFC identifies KESH as the purchaser under the power purchase agreement covering 50% of Karavasta’s electricity generation. | |
| Project financingFinance Insurance Legal | Participated in the financing package for construction and operation of Karavasta described by EBRD in 2023. | |
| Medium-voltage inverter station supplyEquipment Supply | Supplied 18 EP-6250-HC-UD/30 medium-voltage turnkey inverter stations, documented in its February 2024 project account. | |
| Commissioning managementEngineering Consulting And Project Management | Managed photovoltaic plant and medium-voltage substation commissioning in 2024, including subcontractor supervision. | |
| Bifacial photovoltaic panel supplyEquipment Supply | Supplied Vertex bifacial dual-glass photovoltaic modules for Karavasta’s tracking arrays. | |
| Project-company holding structureDevelopment And Sponsor Context | IFC identifies the Dutch company as the immediate shareholder of Karavasta Solar SHPK. | |
| Development and operationDevelopment And Operation | Developed and operates the Karavasta solar installation through its local project company. |
Equipment
2 recordsPanels and inverters recorded at this installation, with each unit's rating as its source gives it.
| Equipment | Manufacturer | Model | Units | Unit rating | Source |
|---|---|---|---|---|---|
| InvertersInstalled | EP-6250-HC-UD/30 medium-voltage turnkey inverter stationSineng’s February 2024 account documents 18 medium-voltage turnkey inverter stations supplied for Karavasta. The count refers to complete stations. | 18 | Not set | Source19 Feb 2024 | |
| PanelsInstalled | Vertex bifacial dual-glass modulesThe project website records 241,400 bifacial panels on single-axis trackers. Trina Solar’s August 2023 supply account identifies the modules as its Vertex bifacial dual-glass family. | 241,400 | Not set | Source |
Supplier registration
Contact page onlyHow suppliers get onto this project's radar: its standing register, supplier portal or contact route.
Commercial enquiries can be made through the project website’s general contact form. The published project contact provides a route for initial engagement.
General contact for Karavasta Solar; the website’s grievance procedure is separate from supplier registration.
SourceChecked 28 Oct 2026