The government’s energy strategy targets new clean energy capacity this decade but all existing coal power plants will also remain active, gas pipelines could be upgraded and new nuclear facilities deployed.
The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.
The transaction includes the sale of a solar park located in western Bulgaria.
The project is expected to be built by local company 4B Solar in three phases by the end of 2022.
The eastern European country saw the addition of only a few hundreds kilowatts of PV over the past few years, and for 2017 just around 200 kW of new PV systems are expected to come online.
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