Real States to build EUR 200mn photovoltaic park in southern Bulgaria.

By bne IntelliNews May 3, 2010
Local company Real States launched the construction of an 80 MW photovoltaic energy park worth some EUR 200mn near the southern city of Pazardzhik. The financing was secured by unnamed European commercial banks. The project will open 200 temporary and 50 permanents jobs. The facility will occupy 2000 ha and should be constructed by 2014. The first-stage of the project envisages the opening of a photovoltaic facility with a nominal capacity of 1,150 KW, which is to be built in cooperation with Austria's Neue Energie Technik.

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