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136 new news items in the last 24 hours
  1. Home
  2. International

OMV Petrom acquires a 50% stake in Dunav Solar Plant EOOD, developing a 400 MW solar park in Bulgaria with energy storage options.

Delia Niculescu
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23 June 2025, 12:05
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International
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OMV Petrom and Enery have signed a partnership to develop the Gabare photovoltaic park, located in Byala Slatina, Bulgaria, with a capacity of 400 MW. OMV Petrom will acquire 50% of the shares and will have a long-term contract for 50% of the electricity production. The project will also include a battery energy storage system. The total investment amounts to around €200 million and commercial operations are expected to start in 2027.

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Financial Intelligence
OMV Petrom achiziționează de la Enery Element o participație de 50% în proiectul fotovoltaic Gabare , din Bulgaria
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Ziarul Financiar
OMV Petrom intră cu o participaţie de 50% într-un proiect solar de 400 MW, dezvoltat în apropiere de capitala Bulgariei

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NEWS ON THE SAME TOPICS

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Current Affairs
The Austrian company Enery has started the construction of a hybrid photovoltaic park in Ogrezeni, Giurgiu, with an investment of 460 million euros.
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Current Affairs
Romania recorded on Wednesday the highest electricity production from photovoltaic sources, exceeding 2,500 MW and covering 60% of national consumption.
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Economy
Enevo Group and Kraftfeld are building a 220 MWh energy storage system in Drăgănești-Olt
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Economy
Electrica has signed an EPC contract with Foton Power Energy S.R.L. for the photovoltaic project 'Bihor 1', which includes a capacity of 78.8 MWp and a 110 kV transformer station.
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International
Bulgaria is a European leader in electricity storage, due to the expansion of solar energy and EU investments.
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Economy
OMV Petrom has signed a contract with OMV Downstream for the delivery of sustainable aviation fuel and hydrotreated vegetable oil, with deliveries starting in 2028.
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OMV Petrom actions Bulgaria energy storage project

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