SOFIA (Bulgaria), March 29 (SeeNews) – Bulgarian manufacturer of integrated photovoltaic (PV) panels Solarpro said on Monday it has launched the construction of two solar parks with a combined capacity of 7.4 megawatt peak (MWp).
The first park, located near Malko Tarnovo, in southeast Bulgaria, is planned to have a capacity of 2.4 MWp and will be built on reclaimed industrial land with an area of 112,000 square metres, Solarpo said in a statement.
The value of the investment was not disclosed.
The construction works are expected to be completed within eight months and the solar park should be connected to the power grid by the end of 2010, Rumyana Georgieva, a member of the Solarpro Holding Board of Directors and Executive Director of Alfa Energy Holding, said in the statement.
Alfa Energy Malko Tarnovo, a unit of Alfa Energy Holding, will own the solar power station. Alfa Energy Holding and Solarpro are part of Solarpro Holding, a subsidiary of local publicly traded mineral extracting and processing company Kaolin, itself a unit of Bulgarian diversified group Alfa Finance Holding.
Solarpro also said it has started deploying a 5.0 MWp solar power capacity near Devnya, in northeast Bulgaria.
Last year, Solapro's PV power plant in the village of Yankovo, in northeastern Bulgaria, was completed, delivering an installed capacity of 2.4 MWp
The company (www.solarpro.bg), set up in 2007, also has a PV panels factory in Silistra, on the Danube river.
Last year, Kaolin unveiled plans to list Solarpro on the Sofia bourse.
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