Bulgaria, LSG-STEAG joint venture to develop 116 MW of solar power

, SEE Energy News

SENS LSG, a joint venture of Austrian LSG Group and German STEAG Solar Energy Solutions, said that it has completed and connected to the network a 66 MW solar power plant in Bulgaria, adding that it is starting the construction of another 50 MW solar project in the country.

The finished power plant is located in Dalgo Pole municipality and consists of 122,300 photovoltaic panels which automatically track the movement of the sun. The plant’s expected annual generation is about 100,000 MWh and will help reduce the country’s CO2 emissions by 47,000 tons per year. The construction of the power plant started in March and was completed in just several of months.

STEAG said that, following the commissioning of this project, it will start the construction of another 50 MW solar project in November.

Last year, Austrian LSG Group and German STEAG Solar Energy Solutions (SENS) established a joint venture to explore the solar markets in eastern and southeastern Europe. The target is to build up a project portfolio of around 1,000 MW over the next five years.

The two companies have been working closely together on a range of solar projects for years now, completing solar power plants with a total capacity of over 230 MW. In 2021, they have connected 130 solar power plants, with a total capacity of 65 MW to the network in Hungary. The plants, with the maximum installed capacity of 0.5 MW each, are located in northern and eastern parts of the country and near the capital Budapest. After grid connection in April, Hungary immediately started to benefit from an additional annual output of 78,000 MWh of green electricity which could permanently save almost 44,000 tons of CO2 emissions in the future.

SENS LNG is also planning to develop 480 MW in solar projects in Greece.