Infrastructure developer CWP Europe has signed a joint declaration with the European Commission, the Albanian Investment Development Agency and the Montenegrin Investment Promotion Agency in support of two major renewable projects in the Western Balkans. The agreement covers a 600 MW wind farm in Albania and a 400 MW solar power plant with battery storage in Montenegro.
The declaration was formalised during the EU-Western Balkans Investment Forum in Tirana, in the presence of the President of the European Commission and the Albanian Prime Minister. According to the signatories, these projects are expected to strengthen regional energy stability and support the convergence of electricity networks with Western Europe.
A new energy corridor in Albania and Montenegro
The 600 MW Tropoja wind farm is one of the largest private energy developments in Albania. It aims to diversify the national supply, which is traditionally dependent on hydropower, by injecting new production volumes into the national grid. This development is aligned with the country’s strategic energy priorities, according to Albanian authorities.
In Montenegro, CWP Europe plans to launch the Montechevo solar project, combining photovoltaic generation with a battery storage system. The facility will be directly connected to the country’s new 400 kV electricity transmission network, facilitating its integration into regional energy flows. Montenegro also operates an undersea cable linking its grid to Italy, positioning the project as a potential platform for electricity exports.
Gradual integration into the European electricity market
The President of the European Commission welcomed these investments as levers to strengthen the continent’s energy independence. The supported infrastructures could contribute to reducing electricity costs in the region while improving cross-border connectivity. Brussels sees this as a step toward consolidating an energy axis between the Balkans and the European Union.
CWP Europe, headquartered in Southeast Europe, claims a development portfolio exceeding 7 GW of renewable projects. The company previously commissioned the Fântânele-Cogealac wind farm in Romania, which remains the largest in Europe with 600 MW of installed capacity.
The company’s Chief Executive Officer, accompanied by two Executive Vice Presidents, signed the Tirana agreement. He stated that these projects aim to “unlock the region’s renewable energy potential and deepen cross-border energy cooperation.”
