KEK Comments on €500 Million Investment: Laying the Foundations for Kosovo’s Energy Future

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RKS NEWS 2 Min Read
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The Kosovo Energy Corporation (KEK) has announced that it is at a historic moment of transformation, with investments exceeding €500 million.

In an official statement, KEK said these investments are directly contributing to the modernization of existing capacities and increasing the resilience of the energy sector.

The focus of this transformation is the modernization of existing production units as well as the development of renewable energy projects.

“With the support of the institutions of the Republic of Kosovo, KEK is advancing strategic projects to ensure energy security. KEK is at a historic moment of transformation, with investments over €500 million strengthening energy security and positioning the company as modern and sustainable. Modernizing existing capacities and developing renewable energy are laying the foundations for Kosovo’s energy future,” KEK declared.

Earlier today, the acting Prime Minister of the Republic of Kosovo, Albin Kurti, stated that this investment is fully aligned with European Union standards.

“The modernization of turbines and other investments in units B1 and B2, the deep rehabilitation of unit A3, major investments in the Kosova A and Kosova B power plants, and KEK’s first entry into the renewable energy sector through a solar park are extremely important for the country’s energy security, economic stability, and long-term development. Upon completion of these projects, Kosovo will gain approximately 150 MW of additional capacity from existing thermal power plants and 100 MW of new generating capacity from renewable sources,” Kurti stated.