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Dutch Company to Invest in Bulgarian Solar Power Park
DUTCH COMPANY TO INVEST IN BULGARIAN SOLAR POWER PARK
Date: 18/03/2011
Source: novinite.com
Dutch Company to Invest in Bulgarian Solar Power Park

Dutch company Infinity Energy Holding AG will invest EUR 50 M in a solar power installation near the Bulgarian town of Devnya, near the Black Sea city of Varna.

The announcement was made Friday by the Chair of the Management Board of the company, Tjalling Halbertsma, after a meeting with the governor of the Varna district, Dancho Simeonov.

At present, the company is building the first part of the installation, which is expected to have a power of 5 MW. It has to be completed by the end of the year.

In Bulgarian, Infinity energy Holding AG has contacts and is working with the company Solarpro.

In Halbertsma's words, the construction of the second part of the solar park, which will have a power of 10 MW, will begin after the Bulgarian Parliament adopts the law which defines the rates for sale of electricity from solar installations.

He also said that his company is interested in building wind farms in Bulgaria as well.

"We are active in this direction as well because we have our own enterprise for production of wind turbines," Halbertsma said.



Topic: Investments



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Hristo Stoichkov
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Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

The town of Gabrovo is situated in Northern Bulgaria, along the River Yantra, in the north Sredna Stara Planina mountain spur, 392 m above sea-level. A lot of world-famous companies from other countries have representative offices in Gabrovo.

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