New 100 MW Solar Power Plant Planned In Bulgaria

Electrohold Expanding Solar Footprint With €100 Million Investment In 100 MW PV Project

New 100 MW Solar Power Plant Planned In Bulgaria

Electrohold plans to start construction on site for the 100 MW solar power plant in mid-2024. Pictured is the company’s 123 MW FEC Verila Solar Plant. (Photo Credit: Electrohold)

  • Electrohold is coming up with another large scale solar power plant in Bulgaria with 100 MW capacity
  • It will be located in Maglizh town in Stara Zagora region and will be built for an estimated €100 million
  • The project partners for this one are the same as for Electrohold’s recently completed 123 MW FEC Verila plant

Less than a month after inaugurating the largest solar power plant in Bulgaria, electricity utility Electrohold has now announced another utility scale PV project in its portfolio with 100 MW capacity, to be built on uncultivable land.

The Belozem Solar Park 2 is planned to be located in the town of Maglizh in Stara Zagora region under a ‘special program for the protection and expansion of the territory’s biodiversity’, it said pointing at the native population of ground squirrels.

Electrohold is investing into the project with partners ES Solar and Sizigi. These 2 companies are the largest shareholders in Electrohold’s parent company Eurohold. Another renewable energy company 360 Energy is identified as the developer and operator of the project. All these partners were also responsible for 123 MW FEC Verila PV facility, the largest in the country as announced by Electrohold in June 2023 (see 123 MW Solar Plant Online In Bulgaria).

The €100 million investment is ready with all building permits and environmental clearance. Construction is scheduled to begin at the end of 2023, and complete by mid-2024.

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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