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
.webp)
International
foto:shutterstock
Always see our news on Google
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.
Sources
Latest News
23:00
London authorities close traffic on Oxford Street: Britain’s busiest shopping street becomes pedestrian-only
22:55
Meta seeks to raise up to $95 billion to expand its artificial intelligence infrastructure
22:47
Audi CEO criticized in Germany after appearing alongside Trump / Gernot Döllner participated in the announcement of a $4.2 billion investment to build Audi’s first factory in the US
22:39
Kelemen Hunor estimates that the Luca Niculescu Government will remain in power until 2028: “If nobody brings you down, then you have no choice, you are condemned to govern”
22:33
Microsoft offers voluntary departures to approximately 60,000 employees across four countries amid massive investments in artificial intelligence
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Rompetrol will build a 4.8 MW photovoltaic power plant at the Vega Ploiești Refinery, with an investment of 27 million lei
International
Bulgaria is a European leader in electricity storage, due to the expansion of solar energy and EU investments.
Current Affairs
Solar Lady, the largest solar power plant in Europe, has received the establishment authorization from ANRE for the first phase of the project.
International
Tesla prepares three energy storage projects in Bulgaria
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
