The North Macedonia 30 MW Solar PV Project is a large-scale renewable energy development aimed at supporting the country’s energy independence and decarbonization roadmap. With all permits secured and grid access approved, the project is investment-ready and positioned for rapid deployment.
Key Project Highlights
Installed Capacity: 30 MWp
Expected Annual Generation: 50,000 MWh
Yield Factor: 1,610 kWh per kW peak installed
Grid Connection: Approved 110 kV transmission line
Land & Permits: All required permits obtained (environmental, land-use, construction)
Project Status: Advanced development stage – ready for construction
Financial Overview
Total Project CAPEX: €100 million
Annual OPEX: €1.53 million
Revenue Potential: A €66/MWh tariff generates average annual revenue of approximately €16 million
Average Annual Net Cash Flow: €14.5 million
Equity IRR: 19%
Equity Payback Period: 5.5 years
NPV (12% discount rate): €18.5 million
Levelized Cost of Energy (LCOE): €30/MWh
Capital Structure: Senior debt financing has been successfully secured and ratified via banking institutions.
Market & Investment Potential
North Macedonia is investing heavily in renewables to meet European climate goals and strengthen domestic energy production.
The country’s supportive regulatory framework and ongoing energy market reforms enhance project bankability.
This project offers investors a secure, fully permitted, high-yield infrastructure asset.
Note: The Seller is actively seeking a strategic equity partner for 20–30% participation in the project.
Disclaimer
All financial figures, projections, and performance metrics presented in this document are indicative and based on current assumptions. Actual results may vary due to factors including, but not limited to, inflation, foreign exchange fluctuations, regulatory changes, and market conditions such as currency depreciation or energy price volatility.
Currency: USD
Target Price / Revenue: TBD
Target Price / EBITDA: TBD
