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Karadzhalovo Solar PV IPP

Karadzhalovo Solar PV IPP

OVERVIEW

The Solar PV Plant located in Karadzhalovo, Bulgaria is  rated at a capacity of 60MWp and expected to produce 81,000 MWh per annum. It has been operating since March 2012 and dispatching electricity to the Bulgarian power grid vide an off-take arrangement for a 20 year term on a Feed in Tariff framework with the state-owned Natsionalna Elektricheska Kompania.  The plant will be operated and maintained by a new company formed in Bulgaria by NOMAC and Sun Edison with equal shares of ownership. The plant is expected to avoid approximately 48,600 tonnes of CO2 emissions per annum.

KEY FACTS

  • LOCATION

    Karadzhalovo, Bulgaria

  • OFFTAKER

    Natsionalna Elektricheska Kompania (National Electric Company)

  • POWER

    50 MW

  • CONFIGURATION

    Solar Photo-Voltaic (PV)

  • PROJECT COST

    USD 272 Mn

  • COMMERCIAL OPERATIONAL DATE

    Q2 2012

  • OTHER INVESTORS

    KARAD (25%), SunEdison (33%)

  • ACWA POWER SHARE

    42.0%

  • EPC

    SunEdison Spain Construction S.L.U

  • OFFTAKE CONTRACT

    PPA-BOO 20 years

  • O&M

    NOMAC & SunEdison

  • NOMAC, Population icon

    2,000 +

    employees across the globe

  • NOMAC, Meter icon

    28,000 + MW

    of power generation

  • NOMAC, Water Meter icon

    5.3 + million m3/day

    of desalinated water production

  • NOMAC, Countries flag icon

    10 + countries

    of global presence

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