Czech-Based Company Plans to Build Biggest Solar Plant in Bulgaria near Silistra

Czech-based energy company Rezolv Energy has acquired the rights to build and operate the biggest solar park in Bulgaria with a capacity of 229 MW. It will be called “St George” and will be located in Silistra Municipality. The construction works should start by the end of 2023 and end in early 2025, the company said in a press release on Wednesday.

The solar power plant will be built on an area of 165 ha within the territory of an airport near Silistra (on the Danube) that is not operational. Nearly 400,000 photovoltaic panels will be installed with an average production capacity of 313 GWh a year, or some 13% of the capacity of all solar panels in Bulgaria.

Once built, the plant will be connected to the main power line with the use of two independent connections with a total length of 6 km. The electricity produced by the plant will be sold to commercial and industrial consumers under long-term contracts.

The project will create many jobs at the construction stage equaling 500 fully employed people during the finishing works, suitable for both men and women, as well as highly specialized positions for qualified engineers.

In the long term, the St George plant will need maintenance by medium and highly qualified technicians during its entire 30-year period of operation.

The plant will be designed and built in accordance with the highest environmental, social, and governance standards.

Rezolv Energy was established in 2022 by Actis, a world leader in investment in sustainable infrastructure. The company is already preparing the construction of capacities for renewable energy of 2 GW in Romania. That includes 1,044 MW from the Dama Solar project, which will be the biggest photovoltaic capacity in Europe.