The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.
Jonathan Touriño Jacobo caught up with Vladimir Tabutov, founder and CEO of Bulgarian solar power project developer HEC Solar, following Solar Media’s Large Scale Solar Europe event in Lisbon, Portugal. They spoke about recent and upcoming changes in the Bulgarian regulations regime for adopting renewable energy technology.
Jonathan Touriño Jacobo explores how Eastern and Southern European countries have emerged in the race as key players for the European Union to reach 740GW of solar capacity installed by 2030.
PV manufacturer Huasun has signed a 1.5GW module supply deal with Bulgarian engineering, procurement and construction (EPC) company Inercom to run through to the end of 2025.
The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.
Panellists during last month’s Large Scale Solar Europe event, hosted by PV Tech publisher Solar Media in Lisbon, discussed the issue of grid modernisation in Europe and how it affects the growth of solar PV across several European Union members.