SPV Blue 1 Solar
SPV Blue 1 Solar solar overview.
Blue 1 is a merchant solar farm at Sheq Marinas in Albania’s Fier municipality. Fully operational since May 2024, it sells its electricity directly to the market without government subsidies. Its ground-mounted array uses Trinasolar dual-glass bifacial modules and single-row trackers, with operations and maintenance managed by ABKONS.In OperationAlbania
At a Glance
Installed capacity
67.5 MWMounting
GroundOperator
Data coming soonCountry
AlbaniaLocation
40.762°, 19.391°Website
Official project pageOwnership
3 records| Share | Organisation | Role | Details | Period |
|---|---|---|---|---|
| Unknown |  | Indirect Parent | Blessed Investment is a shareholder of SPV BLUE 1, the project company holding the Blue 1 installation. | Current / not dated |
| Unknown |  | Indirect Parent | Matrix Konstruksion is a shareholder of SPV BLUE 1, the project company holding the Blue 1 installation. | Current / not dated |
| Unknown | Owner Operator | SPV BLUE 1 is the asset-owning project company and generation licence holder for the Blue 1 plant. Day-to-day operations and maintenance are managed by ABKONS. | Current / not dated |
Organisations
17 recordsOrganisations recorded as working on this asset or its project, and their role.
| Organisation | Role | Details |
|---|---|---|
| Engineering, procurement and construction servicesEpc Balance Of Plant | ABKONS identifies EPC, feasibility, design and permitting services for Blue 1 and Blue 2 in its renewable energy portfolio. | |
| Environmental assessment consultantConsenting Environmental | Prepared the Blue 1 environmental and social impact assessment and its September 2022 revision. | |
| Operations and maintenance managerOperations Maintenance | Manages operations and maintenance of the Blue 1 photovoltaic plant. | |
| Power exchange membershipOfftake And Market | ALPEX announced SPV BLUE 1’s day-ahead market membership on 31 May 2024 and continues to list it among its exchange members. | |
| Blue 1 co-developerDevelopment | Blessed Investment co-developed Blue 1 through the project company established with its investment partner. | |
| Developer | Not set |
| Refinancing lenderFinance Insurance Legal | ERE’s July 2025 bulletin records authorisation for security over Blue 1’s fixed assets and company shares in favour of Fibank Albania and First Investment Bank AD for refinancing. | |
| Refinancing lenderFinance Insurance Legal | ERE’s July 2025 bulletin records authorisation for security over Blue 1’s fixed assets and company shares in favour of Fibank Albania and First Investment Bank AD for refinancing. | |
| Original project lenderFinance Insurance Legal | Provided a EUR 28 million senior secured loan signed in February 2023 for construction and operation of Blue 1. | |
| Blue 1 co-developerDevelopment | Matrix Konstruksion co-developed Blue 1 through the project company established with its investment partner. | |
| Developer | Not set |
| Renewable project development agreement ministryGovernment And Policy | ERE’s May 2026 licensing decision records the Blue 1 construction, operation and management contract signed with the ministry on 9 July 2021. | |
| Transmission connection agreement counterpartyGrid Connection | The Blue 1 ESIA records a connection agreement with Albania’s transmission system operator for connection at the Hoxhara substation. | |
| Asset-owning generation licence holderProject Company And Development | Holds Blue 1’s generation licence, including the ancillary energy storage amendment approved in May 2026. | |
SPV BLUE 1 sh.p.k. | Operator | Not set |
| Inverter manufacturer in the project designEquipment Supply | The September 2022 ESIA specifies Sungrow SG350HX string inverters, and the June 2023 regulatory asset annex lists 177 inverters. | |
| PV modules and tracker supplierEquipment Supply | Supplied Vertex dual-glass bifacial modules and Vanguard 1P single-row trackers for Blue 1. |
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 |
|---|---|---|---|---|---|
| InvertersProposed | SG350HXThe September 2022 ESIA specifies 177 Sungrow SG350HX inverters rated at 350 kW AC each. The June 2023 financing schedule also lists 177 inverters, with the SG350HX-V115_S identifier. | 177 | 350 kWAC rated | Source26 Sept 2022 | |
| Panels | TSM-DEG21C.20 VertexThe June 2023 financing schedule documents 103,554 Trina Vertex bifacial dual-glass modules in 650 Wp and 655 Wp variants. It does not divide the count between the two ratings. | 103,554 | Not set | Source6 Jun 2023 |
Supplier registration
Contact page onlyHow suppliers get onto this project's radar: its standing register, supplier portal or contact route.
General business enquiries can be made through the published contact channel. This route does not provide project-specific supplier registration.
General contact for Project Blue, encompassing Blue 1 and Blue 2; there is no project-selectable supplier register.
SourceChecked 28 Oct 2026
Capacity history
Recorded project capacity figures. Future-dated changes are shown but are not used as current capacity.
| Effective | Capacity type | Capacity | Source |
|---|---|---|---|
| Current | Installed capacity | 67.5 MW | Trinasolar — Blue 1 installed DC peak capacity (MWp) |