en.Wedoany.com Reported - A Swiss investment consortium has won Kosovo's first renewable energy auction and will develop and operate a solar power plant with a grid-connected capacity of 105 MW. The consortium, composed of Switzerland-based Orllati Group and Holdinova Group, secured the bid with a price of €48.88 per MWh for a 30-year project term, including a 15-year contract for difference. The project is expected to become the largest renewable energy plant in Kosovo at this stage, with operations planned to commence in 2027. This outcome is regarded as a milestone for Kosovo's renewable energy market and will help enhance the country's solar installed capacity, energy security, and decarbonization goals.

The project will be implemented by the project company Lindja Solar LLC (affiliated with Orllati Group and Holdinova Group), reflecting strong investor interest in the country's clean energy development potential.

Istanbul-based listed energy solutions company YEO Technology will provide engineering, procurement, construction, installation, testing, and commissioning services for the solar power plant. The contract scope also covers a 110 kV high-voltage substation, overhead transmission lines, and complete grid connection infrastructure. YEO Technology's business covers renewable energy, power infrastructure, high-voltage substations, transmission lines, energy storage, automation, and advanced energy technologies, with its international projects in Europe, the Balkans, Africa, Central Asia, and the Middle East continuing to grow.

This project further consolidates YEO Technology's market presence in Southeast Europe. In addition to its activities in North Macedonia and Kosovo, the company has expanded its regional organizational structure by establishing a subsidiary in Serbia to support its long-term development strategy in the Balkans. Through this project, YEO Technology continues to advance its positioning as a global EPC contractor in large-scale renewable energy and grid infrastructure projects in the region.