North Macedonia's state-owned electricity producer Elektrani na Severna Makedonija (ESM – formerly ELEM) has launched the tender for the development of a 100 MW solar photovoltaic plant in Oslomej. 

Under the terms of announcement, power plants with an expected investment value of EUR80 million (US$86.72 million) will have to be built by a private partner, and ESM will provide the location, access roads to power plants and energy balancing. All domestic and foreign companies have the right to participate in the call for bids, and the tender will be won by the bidder who will offer the highest percentage of electricity sold to ESM.

The facility will consist of two solar parks of 50 MW each individual capacities will be constructed under the Public-Private Partnership (PPP) investment scheme. The winning bidder will sign a 35-year concession term with the contracting authority. The developers will have to pay an annual fee equivalent to 10% of the revenue from the sale of the solar park's electricity output at market prices during the concession years. The ownership of the facility will be transferred to the government after 35 years. 

The deadline for the submission of the documents to participate in the tender is on May 8, 2020.