Bulgaria's Gradus-1 invests in 999.74 kWp solar park
Sep 8, 2020 05:28 PM ET
- Bulgarian chicken producer Gradus [BUL: GR6] said on Tuesday that its wholly-owned unit Gradus-1 has spent 1 million levs ($603,000/ 511,000 euro) in the building and construction of a 999.74 kWp solar park at its farm in Stara Zagora.
Gradus-1 will use the power to cover its very own requirements as well as is expected to return its preliminary investment within a five-year duration, Gradus claimed in a bourse declaring.
The photovoltaic setup has a 25-year life span.
Gradus runs via 7 subsidiaries - Gradus-1, Gradus-3, Gradus-98, Lora-2004, Millennium 2000, Zhyuliv, and Gold Farm 91.
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