The facility will be located in an Albanian reservoir.
Norway's Statkraft, one of Europe's largest producers of renewable energy, is pressing ahead with plans to build its first ever floating solar facility.
The solar park in Albania will be made up of four 0.5 megawatt units, Statkraft said in an announcement Tuesday. Investment in the project will amount to 2.3 million euros . "If the technology is proven successful and the potential for cost-competitiveness can be achieved, a wider application of floating solar may take place in other Statkraft locations," he added.
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