According to the relevant announcement, this is an investment involving the design, supply, and construction of a 130 MW photovoltaic station in the Vratchitsa area, in Burgas, Bulgaria.
As part of the strategic partnership between TERNA ENERGIAKI (owned by Masdar) and GEK TERNA, the implementation of the project has been entrusted to TERNA, the construction arm of the GEK TERNA Group.
The project includes the installation of the photovoltaic station, as well as all the necessary works for its connection to the grid, including the construction of a new 33/110 kV substation. According to the planned schedule, the photovoltaic park is expected to be interconnected with the Bulgarian electricity grid by the end of 2026.
Through this investment, TERNA ENERGIAKI strengthens its presence in Bulgaria, where it already operates two wind farms with a total installed capacity of 30 MW.