Renewables

Saint Nikola wind farm output tops 1.54 million MWh since launch

Published

March 16, 2015

Country

Comments

comments icon

0

Share

Published:

March 16, 2015

Country:

Comments:

comments icon

0

Share

The Saint Nikola wind farm near Kavarna, in northeastern Bulgaria, has produced more than 1.54 million MWh of electricity in its five years of operations, US-based AES, which operates the plant, said, SeeNews reported.

Through its operation, the wind park has saved more than 1.2 million tonnes of carbon emissions, AES said in a press release over the weekend.

The Saint Nikola wind park, which is a joint project of AES and Bulgarian-German company Geo Power, has 52 wind turbines and a total installation capacity of 156 MW. The total investment in the park is EUR 270 million, of which EUR 198 million came from a bank loan provided by the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and UniCredit Bank.

Saint Nikola covers an area of 60 sq km in the Kavarna area, on the Bulgarian northeastern Black Sea coast.

Related Articles

Turkey awards 1 15 GW wind power auctions all at EUR 35 per MWh

Turkey awards 1.15 GW in wind power auctions – all at just EUR 35 per MWh

12 December 2025 - The six winners from the latest round of wind power auctions under the YEKA mechanism in Turkey have EUR 35 per MWh guaranteed

IEA, Employment in the energy sector is growing twice as fast as in the global economy

IEA: Employment in energy sector grows two times faster than in global economy

11 December 2025 - Employment in the energy sector is growing twice as fast as in the overall global economy, but the IEA is warning of a serious shortage of skilled workers in key sectors.

montenegro necp law on cross border exchange electricity natural gas sahmanovic

Montenegro adopts National Energy and Climate Plan

10 December 2025 - The government adopted the National Energy and Climate Plan and the draft law on cross-border exchange of electricity and natural gas

eu energy system 2050 net zero scenarios costs hitachi study

Energy system based on renewables is cheapest solution to achieve net zero by 2050 – study

10 December 2025 - The study, produced by Hitachi Energy for WindEurope, has mapped out the total system costs of five energy scenarios