Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

German Firm Gehrlicher Completes Bulgarian Solar Plant
GERMAN FIRM GEHRLICHER COMPLETES BULGARIAN SOLAR PLANT
Date: 12/07/2011
Source: novinite.com
German Firm Gehrlicher Completes Bulgarian Solar Plant

Gehrlicher Solar AG, a German company, has completed its first Bulgarian photovoltaic project, a 1.2 MW project located west of Sofia.

The photovoltaic plant in Kosharevo near Breznik is expected to generate around 1.4 million kW/h of energy annually.

The 1.2 MW photovoltaic plant will receive a feed-in tariff rate of 35.75 euro cents per kWh, the PV Magazine reported.

The German solar company completed construction on the project in June. It is expected to be grid connected shortly.

Spread across 1.9 hectares, Gehrlicher says it installed a total of 4 968 Sunowe modules, 54 SMA inverters and GehrTec Base, its in-house substructure for ground-mounted systems.

Bulgarian investor group GSG Studena OOD owns and operates the photovoltaic plant. Meanwhile, Gehrlicher was responsible for the project planning engineering, construction and technical operation.

"We were able to realize this first large-scale project within a few weeks, even before the reduction of compensation by July 1. As a result, the solar park will receive feed-in compensation of 35.75 cents per kWh," Gerald Kumerle, technical director of the Business Unit Ground-Mounted Systems, is quoted as saying.

He believes that even with the reduced tariffs (24.83 cents per kWh), solar projects will be profitable in Bulgaria.

"We are planning to expand the Kosharevo Solar Park in the course of the coming months to exceed three MWp and already have additional projects in the double-digit MWp range in the pipeline," he said.


Topic: Business



Featured District
PLEVEN DISTRICT AND CITY INFORMATIONPleven
Invest Bulgaria Charts
Current and Capital Account of Bulgaria
Current and Capital Account of Bulgaria

FDI as Percent of GDP in Bulgaria
FDI as Percent of GDP in Bulgaria

See all charts
Did You Know?
Hristo Stoichkov
Hristo Stoichkov
Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

Yordan Yovchev is arguably the finest men's gymnast alive. In his collection he has four gold medals from World Gysnastics Championships, four Olympic medals (one silver, and three bronze), three gold medals from European Championships and many, many others.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members