North Macedonia welcomes investments in the energy sector. The government invites companies to design, build, and operate new large and small hydro power plants, wind, solar, and biogas farms.
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The continued growth of solar power and the development of storage capabilities will play a decisive role in securing North Macedonia''s energy independence and promoting a sustainable energy future,
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In North Macedonia, the proportion of modern renewable energy sources in final energy consumption was close to 20% in 2021. In terms of electricity generation, 27% of the electricity is generated from renewables,
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North Macedonia''s 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion, and 96 acceptable proposals for standalone and co
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Solar PV continues to dominate new capacity additions, but wind, hybrid configurations, and distributed generation are gaining traction as the country diversifies its energy mix.
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Earlier this year, reports showed that North Macedonia renewable energy output has been on a significant upward trajectory, underscoring a sustained effort to diversify its energy mix away from fossil fuels.
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This report, “North Macedonia Renewable Energy Market – 2025 Update”, has been produced by Invest In Network as part of the Energy Week Western Balkans 2025 framework.
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North Macedonia offers strong growth potential for renewable energy. Favourable geography and climate support both solar and wind generation, while government initiatives provide an increasingly attractive
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North Macedonia relies predominantly on fossil fuels (low-grade lignite and gas) and hydropower, and has for many years been dependent on the electricity import. Since 2022, electricity import dependence has
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