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

OMV Petrom Renovatio construction wind parks 305 MW Romania

OMV Petrom, Renovatio starting construction of wind parks totaling 305 MW in Romania

23 April 2026 - OMV Petrom and its partner RNV Infrastructure are entering the execution phase for three wind power projects of 305 MW in total

parau 2 solar PV insurance REIB

Părău 2 solar project in Romania secured with integrated insurance structure

23 April 2026 - Renewable Energy Insurance Broker (REIB) supports the Părău 2 project with a comprehensive insurance program involving 10 international insurers

serbia bef eu region belgrade energy forum 2026

BEF 2026 agenda is set – 50 speakers on future of energy in Southeast Europe

22 April 2026 - The agenda is ready for Belgrade Energy Forum - BEF 2026, scheduled for May 11 and 12 and organized by Balkan Green Energy News

Hidroelectrica spearheading next wave BESS Romania Simtel Guris Econergy

Hidroelectrica spearheading next wave of BESS investments in Romania

21 April 2026 - Electricity producers in Romania are investing in several gigawatts of battery storage – for hybrid power plants or standalone systems