SOLAR PROJECTS
In the last few years, there is an increased interest towards investing in the Solar power generation in Bulgaria due to a number of economically, administratively, and legislatively guaranteed long-term preferences and incentives for the renewable energy resources:
- Priority connection of RES plants to the electricity grid;
- Guaranteed period of 25 years for the purchase of electricity produced;
- Preferential purchase prices many times greater than current market prices;
- At higher purchase price compared to other renewable energy sources for producing electricity;
- Priority funding under the program "Rural Development Unit 312 and 311;
Bio Power provides consultancy services on the development of the project, provide mediation for supply of Modules and inverters, construction and auxiliary systems.
Bio Power has developed its own Photovoltaic Parks in the vilige of Vinarsko, Bourgas region.
- Power – 2MW Electric
- Investment – 6M EUR
- Status – building permission issued
- Construction start date – 2010
- Exploitation start date – 2010
Development, Consultancy & Sale:
- Power – 2,7 MW Electric
- Investment – 8M EUR
- Status – Preliminary contract in place, Detailed design in progress
- Construction start date – 2010
- Exploitation start date – 2010


