Solaris Holding Launches Hybrid Renewable Energy Park in Pernik, Bulgaria

Credit: Solaris

Solaris Holding AD has inaugurated a hybrid renewable energy park in Pernik, Bulgaria, featuring a capacity of 32 MWp alongside a 61-MWh system. The project is owned by Bulgarian-German solar park installer SUNOTEC and the primary shareholders of Eurohold Bulgaria AD.

The installation, capable of supplying power to approximately 10,200 households, is situated on a former industrial waste site from the local steel industry. Financing for the project comes from DSK Bank and Germany's Varengold Bank AG, utilizing storage technology from .

Eurohold-owned Electrohold Trade will manage the green energy produced, with the battery system facilitating usage during peak hours and contributing to grid stability.

Kaloyan Velichkov, CEO of SUNOTEC, noted that the company, along with partners from Eurohold and Electrohold, plans to soon inaugurate a second hybrid park in the Ihtiman municipality. He added that Solaris is currently developing another 23 projects, including several focused on standalone energy storage.

Vladimir Dichev, chief commercial officer of Electrohold Bulgaria, emphasized that the Electrohold group aims to encompass the entire cycle of electricity production, distribution, supply, and sales to end customers. He stated that projects like the one in Pernik allow the company to offer competitive energy at fixed prices over the long term.

According to Solaris Holding's announcement, the company has plans to develop 600 MW of solar capacity and 1,000 MWh of energy storage systems. Recently, Bulgaria also saw the commissioning of a 25-MW/55-MWh battery energy storage system.

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