SOLAR & WIND

Green Energy for
the Mediterranean Region

Development, Financing and Operation of hybrid power plants with  a planned capacity of up to 850 Megawatts

United Terra Enterprises Solar Thumbnail

We trust in solar energy’s future as it is a cleaner, affordable, efficient and environmentally friendly way to produce energy. United Terra Energy’s goal is to develop Solar and Wind farms of up to 850 Megawatts including up to 50 MWh storage capacity in the Mediterranean Region. Focusing on areas with good sun exposure and shortages of energy supply, we plan to enhance the region’s economic prosperity by creating temporary and permanent jobs through our projects.

SUSTAINABILITY
BUSINESS LINE OVERVIEW
10

Megawatt Capacity

5

Megawatt Storage

SUSTAINABILITY:
ESG FACTORS

Further, renewable electricity would reinforce the grid’s resilience and improve its environmental positioning.

terra-icon-white

Energy Transition

Establishing essential infrastructure to offset the environmental impact of upstream oil extraction.

Zero Emission

Generating green power to meet Albania’s energy demands while concurrently diminishing its carbon dioxide footprint in alignment with the COP21 targets.

terra-icon-white

Decentralize Generation

Local energy production is catalysing the liberalization of the energy market and fostering local value creation and growth. This benefits small and midcap businesses, lowers energy costs for every citizen, and simultaneously eases the strain on the power transmission grid.

BUSINESS LINE OVERVIEW

terra-icon-white

Exclusive partnership

Establishing an exclusive partnership in the Balkan region with one of the largest European suppliers and service providers in the sector.

terra-icon-white

First joint project

First joint project is a 273 MWp hybrid power plant

  • Expected construction start in 2024 with completion in 2025
  • Provides stable power supply with wind in evening hours
  • Grid connection, ground suitability, and flood studies completed
  • Land secured for up to 1 GWp capacity, license acquisition discussed with authorities
  • Potential backing of KFW for up to 80% of construction cost, secured by Euler Hermes Insurance
  • Strong local government support