September 20 (Renewables Now) - Construction started on Tuesday for Tenevo Solar park in Bulgaria which will have a capacity of 237.58 MWp and will be the first stage of a large renewable energy complex.
A planned next phase of the project in Tenevo, southeastern Bulgaria will add over 250 MW of wind turbines and 250 MW/500 MWh of battery storage to the solar installation.
The construction of the solar park should be completed in early 2025.
The project is a joint investment of Danish company Eurowind Energy and Vienna-based Renalfa IPP via the EURA IPP joint venture they set up in 2021. Renalfa IPP is a Vienna-based clean energy and e-mobility investment company, which itself is a joint venture of Vienna-based, Bulgarian-led Renalfa Solarpro Group GmbH and French infrastructure fund manager RGreen Invest.
Renalfa’s subsidiary, Solarpro Holding, will build the solar park.
“This will be the first hybrid power generating facility of its kind in the country and one of the biggest and most complex clean energy projects in southeast Europe,” EURA IPP executive director Elena Markova said in a statement on Tuesday.
“This project demonstrates that renewable energy has a leading role in the energy transformation of coal mining regions and will provide a strong boost for green transition in Bulgaria,” she added.
Renalfa IPP owns over 450 MW of renewables generation in Bulgaria, Hungary, North Macedonia and Romania, and has another over 1 GW in an advanced stage of development and construction. Eurowind, which has built over 2.5 GW of wind energy projects in Europe, already owns one small solar park in Bulgaria.