News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/solar/consortium-develops-bulgaria%e2%80%99s-largest-solar-pv-project.html

A group of renewable energy companies has launched the largest solar photovoltaic project in Bulgaria, which when complete is also set to be one of the largest installations in the European Union.

The 45MW project is currently under construction, with around a ninth of the capacity already installed in the villages of Samovodene and Zlataritsa.
The project will consist of two solar photovoltaic installations, each with similar power generating capacities.
Its developers include California-based project integrator NEOptions, the Bulgarian Development Collaborative, and SDN, a South Korean producer of power generators, solar modules and marine propellers.
‘Large scale renewable energy development projects – especially in new EU countries where there is no track record and experience in the construction and operation of such facilities is especially challenging, and it takes a great deal of work to put the right partnerships and structures together to ensure the success,’ said NEOptions president Angelina Galiteva.
NEOptions helped to prepare and plan the project and engineering work to attract viable investors, in collaboration with SDN, which helped launch it.
Bulgarian Development Collaborative representative Borislav Sarandev led site selection and land acquisition efforts, in addition to securing permits, licences and interconnection approvals.
Galiteva and Sarandev said they are confident that Bulgaria will become a hot-bed for renewable energy development and that as countries continue to introduce supportive legislation, the group will grow a rich portfolio of projects for further investment.
Helping fuel this optimism, Bulgaria’s Economy and Energy Minister Traicho Traikov recently announced that the country’s renewable energy legislation will be harmonised with EU laws in order to attract major foreign investors.