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funding secured for 237.6 MW solar plant in bulgaria

A €103 million funding package has been secured for a 237.6 MW solar plant in southeastern Bulgaria, marking the first renewable energy project over 100 MW to operate without a support scheme. The investment, led by the EBRD and Raiffeisen Bank International, will enable the plant to generate over 300 GWh of electricity annually. Plans are also in place to add 250 MW of energy storage on site, contributing to Bulgaria's goal of achieving 34.7% renewable energy in its electricity consumption by 2030.
14:31 22.11.2024
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