Technical FAQs 4

Why is Alcazar energy launching a wind farm in North Macedonia?

Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said: “We are thrilled to launch a major wind farm project in the Western Balkans, providing North Macedonia with clean, affordable electricity and creating local jobs. Alcazar Energy sees North Macedonia as a promising investment location for renewable energy.

How much will North Macedonia's wind farm investment cost?

The investment, that will exceed USD$500m, is the most to be made towards renewable infrastructure in the country. It will also place the project among one of the largest wind farms in the Western Balkans and will almost fivefold increase North Macedonia’s installed wind capacity once fully operational.

How will North Macedonia help reduce energy shortages?

Due to North Macedonia’s grid connections with Greece, Bulgaria, Serbia and Kosovo, the project will help to both reduce energy shortages and support the transition to renewable energy in the Western Balkans and Southeast Europe. Daniel Calderon, Co-Founder and Managing Partner of Alcazar Energy, said:

Is North Macedonia ready for Energy Independence?

Hristijan Mickoski, Prime Minister of North Macedonia, stated: “We are standing ahead of the largest investment in renewable energy sources that we ever had. This investment marks the beginning of the government’s policy to create energy independence for Macedonia.

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