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Hungary's Elmib to Build EUR 30 M Solar Park in Bulgaria
1 min read Renewable Energy Source: Novinite
From our news archive: this article was published in February 2011. Figures and rules may have changed since.
The investment will be handled by Elmib Bulgaria, the Bulgarian subsidiary of Hungary's Elmib, announced Elmib CEO Peter Reicher, the Budapest Business Journal reported citing the Vilaggazdasag business daily.
Reicher told the newspaper that the company expects to complete the 15 MW solar park in the Eastern Bulgarian town of Sungurlare within a year and a half.
Once up and running, the electricity produced by the solar park will be fed into the Bulgarian national grid, thus saving 11 400 tons of carbon-dioxide emissions.
Originally published by Novinite.
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