100m euros in energy investments in Vushtrri

This project is aimed at producing renewable energy from the wind.

The investment value is about $100 million. This project will benefit the Vushtrri municipality, but the whole Kosovo as well.

Project aims to produce about 100 MW/h electricity from the wind, where up to 17 turbines will be deployed on Mount Cycavica for wind power production.

According to this memorandum, the Vushtrri Community will benefit:

) Direct access to the project corresponding to the value of 1 per cent annual income of the Cicvica Wind Farm project;

ʹ Bursa research in France, for the Volshtrian students and students from all over Kosovo in the field of renewable energy, where the French Embassy in Pristina will engage and mediate for that purpose;

) subjecting local nongovernmental organisations to develop energy tourism on Mount Chiskavica.

Vushtrri Mayor Xhafer Tahiri said in this case that this is an extremely important moment for the development of Vushtrri and Kosovo.

“We are committed and open to foreign investors that will boost the economic development of our city. This will be the biggest private investment in Vushtrri, while the municipality remains committed to a transparent process supporting investment “.

Meanwhile, the French diplomat stressed that Akou Energy is the leader in Europe in the area of renewable energy, and that memorandum today shows the seriousness of this investment.

This is Akou Energy Director Emil Bakic of the Balkans. He addressed the leadership of the Vatican and the seriousness shown in this case.

He stressed that their company is very serious about this investment, while similar projects this Copman has already executed in Montenegro and Croatia, and they expect the same success to finalise the Cicvica Wind Farm project.