Germany’s Parabel AG, Bulgaria’s Monolit To Build 50 MW Solar Park
SOFIA (Bulgaria), October 24 (SeeNews) – A joint venture of Bulgaria's Monolit and Germany's Parabel AG will build a 50 megawatt solar park near the village of Maglizh, in southern Bulgaria, local media reported.
The photovoltaic park will cover a total area of 140 hectares and its average annual output is expected to satisfy the energy needs of 20,000 households, specialized property weekly Gradat (www.gradat.bg) reported last week.
The produced energy will be sold to Bulgaria's National Electrical Company.
Construction works are expected to be completed by May 24, 2012.
Parabel AG (www.parabel-solar.com), founded in 1992, is focused on planning individual photovoltaic and solar thermal systems and trading in modules and collectors.
Monolit is a Haskovo-based construction company, set up in 1994.