A pivotal moment occurred in 2020 with the launch of the first significant solar plant, and by 2023, North Macedonia had experienced a 251% increase in solar capacity, demonstrating the effectiveness of government initiatives in fostering growth in the sector.. A pivotal moment occurred in 2020 with the launch of the first significant solar plant, and by 2023, North Macedonia had experienced a 251% increase in solar capacity, demonstrating the effectiveness of government initiatives in fostering growth in the sector.. The new plant, one of the largest in the country, is expected to generate up to 15,500 megawatt hours of energy annually. As GEN-I's second-largest solar facility in North Macedonia, this project will play a crucial role in supporting the decarbonisation of the local energy system, helping the. . The prospects for investing in solar farms in North Macedonia are rapidly evolving, fueled by significant regulatory reforms and an increasing commitment to renewable energy. Following the implementation of the first renewable energy law in 2021, the nation has seen a remarkable surge in investor.
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