Germany’s Phoenix Solar in Talks To Sell Solar Park Project in Bulgaria

SOFIA (Bulgaria), October 4 (SeeNews) – German photovoltaic system integrator Phoenix Solar said on Tuesday it is in talks with several investors to sell a solar park project with a peak power of 50 megawatts (MW) in the Bulgarian municipality of Kazanlak.

The project development for this solar park was initiated back in 2009 when Phoenix Solar secured the rights for 20 MW, the company said in a press release.

"Following the successful project development and securing of the feed-in tariff, Phoenix Solar was able to raise the volume to 50 MW," the statement said.

The solar park comprises ten solar photovoltaic plants, each with a peak power of 5.0 MW, and is being built on 114 hectares belonging to the municipality of Kazanlak. The specific yield of the plant in this region comes to between 1,300 and 1,350 kilowatthours per kilowatt peak a year.

All the approvals necessary for realising the solar park have been obtained and construction of the first phase is due to start before the end of 2011.

Sulzemoos-based Phoenix Solar AG (www.phoenixsolar-group.com) develops, plans, builds and operates large-scale photovoltaic plants and is a specialist wholesaler for turnkey power plants, solar modules and accessories.

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