/SOFIA, BULGARIA, March 6, 2025, 9:30 CET, Terna Energy/ TERNA ENERGY Group is developing a significant new investment in Bulgaria. This investment involves the design, procurement, and construction of a 130 MW photovoltaic power plant in the Vratitsa area in Burgas, Bulgaria.
As part of the strategic collaboration between TERNA ENERGY (under Masdar’s ownership) and GEK TERNA, the project is being constructed by TERNA S.A., the construction arm of GEK TERNA Group. The project includes the installation of the photovoltaic power plant and the complete set of grid connection works, including the construction of a new 33/110 kV substation. According to the planned timeline, the photovoltaic park is expected to be connected to Bulgaria’s electricity grid by the end of 2026. With this investment, TERNA ENERGY strengthens its presence in Bulgaria, where it already operates two wind farms with a total installed capacity of 30 MW.
Bio PD Solar Energy, a subsidiary of the Greek company Terna Energy, is developing this photovoltaic project in Bulgaria. Currently, the company is engaged in land-clearing activities to prepare the site for the construction of the solar photovoltaic plant. The project is located on municipal land, and a concession contract has been signed for a duration of 35 years. Additionally, the grid connection agreement has been signed with the Bulgarian Transmission System Operator (ESO EAD).
For more information and answers to your questions about the Bulgarian solar photovoltaic market and related content, you may read here: Bulgaria Solar Photovoltaic (PV) Power Market Outlook 2025÷2034
In order to download the executive summary brochure with sample pages, please access from here: Bulgaria Solar Photovoltaic (PV) Power Market Outlook – Sample
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