What will Bulgaria's new solar power plant do?

With a nominal output of 124 megawatts peak (MWp), the Verila solar power plant will make a significant contribution to Bulgaria’s green electricity mix from spring 2023 onwards. Built by SUNOTEC, the new solar park will generate energy equivalent to 12 percent of the current total output of all PV plants in the country.

How big is Bulgaria's solar power?

In a matter of months, Bulgaria’s total solar power capacity is set to exceed 3 GW, compared to just 1.3 GW at the end of 2021. The lineup in the list of the largest photovoltaic plants is changing almost every week as major facilities come online, and there is more in the pipeline.

Who is solar green energy?

Solar Green Energy is a company engaged in the production of electricity from renewable sources with a focus on the development of new environmental projects in Bulgaria and Southeast Europe. We believe that the transition to clean energy is a must if we want to live in a balanced world.

Will Bulgaria build new solar projects in 2023 & 2025?

Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives.

Are solar panels a viable option for self-consumption in Bulgaria?

Conversely, households and institutions interested in installing solar panels for self-consumption are still stuck with administrative hurdles In the statistics of the International Renewable Energy Agency (IRENA), Bulgaria had 1.28 GW at the end of 2021 and 1.95 GW just one year later. The measure is expressed in nominal or peak capacity.

When will solar projects start in Bulgaria?

Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest.