Renewables

Enery commissions PPA-backed PV plant of 113 MW in Bulgaria

Enery commissions PPA backed PV plant Tsenovo 113 MW Bulgaria

Photo: Enery/LinkedIn

Published

October 17, 2024

Country

Comments

comments icon

0

Share

Published:

October 17, 2024

Country:

Comments:

comments icon

0

Share

Enery, based in Austria, inaugurated its largest solar power facility. The 113 MW unit is backed by power purchase agreements with KCM, Orange Romania and Dreher Breweries.

Spreading over more than 140 hectars, the new photovoltaic system in Tsenovo in northeast Bulgaria’s Svishtov region is the eighth-largest in the country, which is experiencing a solar power boom. It would have been the biggest less than two years ago, when the Karadzhalovo facility held the throne. Both are owned by Austria-based Enery.

The new plant has an impressive 113 MW in nameplate capacity, but with a fairly weaker grid connection, just 80 MW. It consists of just over 181,000 modules. Annual output is estimated at 177 GWh, equivalent to the electricity needs of more than 48,000 households in Bulgaria.

Most of the plots are agricultural land of the seventh category. The facility is located between the villages of Piperkovo, Dzhulyunitsa and Tsenovo.

Three corporate offtakers contributed to Tsenovo project

Enery Element, the company’s joint venture with Element Power RE, developed the project. Enery said its goal is to provide clean and affordable electricity to businesses through long-term power purchase agreements (PPAs).

One of the offtakers is lead and zinc producer KCM. The PV plant is expected to cover 10% of the annual consumption of Holding KCM 2000, currently at 400 GWh. Enery also signed virtual PPAs with Orange Romania Group and Dreher Breweries, part of Asahi Europe and International.

Battery backup under consideration

The European Bank for Reconstruction and Development has approved a guarantee for EUR 25 million out of the EUR 67 million loan, signed with UniCredit Bulbank. According to the Bulgarian media, the project is worth EUR 70 million. With the substation and additional infrastructure, the amount reaches EUR 85 million. The facility includes trackers, which turn the modules toward the sun.

In addition, Enery is considering the possibility of adding a battery energy storage system.

The company currently generates almost 700 GWh per year from 490 MW in green energy capacity. It has a project pipeline of more than 8 GW in 11 countries. In neighboring Romania, it owns two wind parks and several PV systems.

Thirty women in almost entirely local construction team

Sunotec was the turnkey service provided. The Bulgarian-German firm revealed that the construction team was almost entirely from nine surrounding villages. It included thirty women, through a project called Women of Tsenovo, according to Sunotec.

Enery commended its main investor – Three Seas Initiative Investment Fund (3SIIF) – and RP Global for their support for the project.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

bulgaria sunotec financing solar bess Verinsko project

Sunotec secures financing for Bulgarian BESS, renewables portfolio

20 October 2025 - The projects for standalone battery energy storage systems are part of the government's RESTORE program, according to Sunotec

Two large photovoltaic parks commissioned in Albania in 2025 solar

Two large photovoltaic parks commissioned in Albania in 2025

20 October 2025 - In the first eight months of this year, Albania added two solar parks of 150 MW in total and a hydropower system of 48.9 MW to its transmission grid

Romania coal town Turceni EUR 380 million green energy transformation

Romania’s coal town Turceni starts EUR 380 million green energy transformation

20 October 2025 - Turceni is dependent on the local coal power plant, so the municipal authority is turning to agrivoltaics, energy storage and green hydrogen

cbam energy community electricity

Energy Community’s CBAM Readiness Tracker: Western Balkans still far from exemption as full implementation nears

20 October 2025 - The Energy Community’s 2025 CBAM Readiness Tracker suggests efforts to meet the exemption criteria for electricity are gaining momentum