Eurowind Energy and Solarpro build 250 MW solar power plant in Bulgaria

Jens Rasmussen, Chief Executive Officer of Eurowind Energy, based in Denmark, said the joint venture with Renalfa in Bulgaria will install 2 GW of renewable energy capacity in the Balkans, starting with a 250 MW solar power plant in Yambol province.

Eurowind Energy has founded a joint venture called EURA Energy with the Bulgarian investment company for clean energy and electromobility Renalfa. According to the company, the new unit already has a development portfolio of wind, solar and green hydrogen projects with a total capacity of more than 1 GW.

Jens Rasmussen, CEO of the Danish developer for renewable energies based in Hobro, was optimistic in an interview with Capital.bg that 2 GW of capacity could be installed in Bulgaria in the next ten years. He revealed that the first project would be a 250 MW solar power plant near the village of Tenovo in Yambol Province to the east.

The facility is slated for completion in 2023, Rasmussen said, adding that it would include an electricity storage system. He estimated the investment at 100 to 150 million euros.

The 250 MW solar power plant near the village of Tenovo will contain storage

The Renalfa subsidiary Solarpro develops, installs, operates and maintains photovoltaic systems and charging stations for electric vehicles in Europe, the Middle East and America with a focus on Eastern Europe. The portfolio includes North Macedonia and Romania.

Eurowind is active in 15 European countries and the USA. Over 2.5 GW of capacity was built in Europe. The company already owns a small solar park in Bulgaria. It was one of the first companies in Europe to invest in large-scale projects for green hydrogen and Power-to-X (PtX).

Eurowind already owns a small solar park in Bulgaria

Rasmussen stressed that EURA Energy would develop projects with private capital but could apply for European funding for innovative efforts with new technologies, especially batteries. Eurowind has worked with Solarpro on two hybrid power plants in Denmark. Nuclear energy is acceptable if the local population supports such a project and it must be implemented entirely on market terms and without pollution, but that is not realistic for Bulgaria, he said.

Rasmussen pointed out Eurowind’s integrated wind power and heat pumps for district heating in Denmark. He said the bills for consumers are lower than for gas and coal.


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