Renalfa Powers Up Bulgaria's Tenevo Solar Project Phase One

• Renalfa IPP's Tenevo solar park powers Bulgaria with 69 MW, aiming for 238 MW by 2026, cutting 250,000 tonnes of CO2 annually with EBRD and Raiffeisen support.

Renalfa IPP has launched the first 69 MW phase of its 238-MW Tenevo solar park in southeastern Bulgaria, connecting it to the country's 400-kV transmission network. The project includes a 315-MW/760-MWh battery energy storage system, with the second phase expected to be operational by early 2026. Once complete, the Tenevo plant will generate over 300 GWh of clean electricity annually, reducing carbon emissions by 250,000 tonnes per year.

The project is backed by EUR 103 million from the European Bank for Reconstruction and Development and Raiffeisen Bank International. Tenevo Solar Technology is a joint venture between Eurowind Energy and Renalfa IPP, which is a collaboration between Renalfa Solarpro Group and RGreen Invest.

What are the key features and financial backers of Bulgaria's Tenevo solar park project?

Key Features:

• Total capacity of 238 MW for the solar park.
• Includes a 315-MW/760-MWh battery energy storage system.
• Connected to Bulgaria's 400-kV transmission network.
• Expected to generate over 300 GWh of clean electricity annually.
• Aims to reduce carbon emissions by 250,000 tonnes per year.
• The second phase is expected to be operational by early 2026.

Financial Backers:

• European Bank for Reconstruction and Development (EBRD).
• Raiffeisen Bank International.
• Tenevo Solar Technology is a joint venture between Eurowind Energy and Renalfa IPP.
• Renalfa IPP is a collaboration between Renalfa Solarpro Group and RGreen Invest.