Construction kicks off on Bulgaria’s 45MW solar project

Facebook
Twitter
LinkedIn
Reddit
Email

NEOptions, the Bulgarian Development Collaborative and SDN spent three years working together to produce what they claim as the largest solar PV project in Bulgaria and one of the largest in the EU: a 45MW solar PV project made up of one 20MW installation and another 25MW solar PV installation in the towns of Samovodene and Zlataritsa, Bulgaria. Construction has started on the solar PV project, with 5MW already completed.

Although Bulgaria’s Economy and Energy Minister Traicho Traikov recently revealed that the country’s renewable energy legislation will begin to complement that of laws in the European Union, NEOptions admitted that the project took much planning and diligence as Bulgaria is fairly new to the solar PV arena.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“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 President of NEOptions, Angelina Galiteva.

NEOptions brought past experience with PV projects as well as the preparation for solicitation materials, project descriptions and preliminary engineering so that the project could gain a practical investor.

Borislav Sarandev lead the Bulgarian Development Collaborative during the three years of preparation for the projects, including the site selection, land acquisition and securing the numerous, but necessary, permits, licenses and interconnection documents needed to get the turnkey project off the ground.

“Professionalism and understanding of local policies, regulations and relationships is what guaranteed this development team's fast track permit approval and rapid start on construction of this solar park,” concluded Galiteva. 

Read Next

April 30, 2025
Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.
April 30, 2025
Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.
April 30, 2025
Genesis Energy has officially opened the 63MWp Lauriston site, which it claims is the country’s largest solar PV power plant.
April 30, 2025
Vena Energy has started constructing a 320MW solar PV expansion in Queensland’s Western Downs region in Australia.
April 29, 2025
Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”
April 29, 2025
The recent domestic content regulations and trade policies have prompted caution in the US from suppliers for long-term projections, according to a report from Anza.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK