Karadzhalovo Solar Park

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Karadzhalovo Solar Park
Karadzhalovo Solar Park
Country Bulgaria
LocationKaradzhalovo Parvomay Municipality
Coordinates 42°06′17″N25°19′18″E / 42.1047°N 25.3217°E / 42.1047; 25.3217
StatusOperational
Commission date March 2012
Construction costBGN 350 million (around $248 million)
Owner ACF Renewable Energy
Solar farm
Type Flat-panel PV
Power generation
Units operational214,000
Nameplate capacity 60.4 MW
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The Karadzhalovo Solar Park is a 60.4 megawatt (MW) solar farm, the largest in Bulgaria. It has 214,000 photovoltaic panels, [1] and cost 350 million Bulgarian lev [2] (approximatively $248 million). [3] It has been completed in March 2012 after 4 month of construction. [2]

Contents

Financing

The total project cost amounting to 181.4 million in Euro was financed by: [1]

Three month after completion, it was resold to the Malta-based ACF Renewable Energy, which is reported to be owned by investors from the US, Sri Lanka, India and Pakistan. [4] The selling price has been reported to be equal to the construction price of BGN 350 million. [5]

See also

References

  1. 1 2 Guide-Bulgaria : US SunEdison built near village of Karadzhalovo the biggest solar park on the Balkans
  2. 1 2 Guide-Bulgaria: US company sold its solar station in village of Karadzhalovo
  3. ↑ Solar Investment Slumps in Q1 2012; Companies Come Together and Join Forces to Pull Through
  4. ↑ Seenews.Renewables : SunEdison sells 60-MW Bulgarian solar park to ACF Renewable - report
  5. ↑ "BPVA : Sun Edison Sells $220 Million Bulgarian Solar Park, Capital Says". Archived from the original on 2016-03-04. Retrieved 2012-07-24.
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