Rezolv Energy Surges Ahead with Massive Solar Power Projects in Bulgaria and Romania

• Rezolv Energy secures regulatory clearance for Bulgaria's largest solar power project, while also building Europe's highest capacity photovoltaic plant in Romania.

Renewables developer Rezolv Energy has received regulatory clearance for a 229 MW solar power project in Bulgaria, which would be the largest in the country. The company's minority partner in an investment in Romania has also purchased the land for their photovoltaic plant, which is planned to reach 1.06 GW, making it the highest capacity in Europe. Rezolv Energy, backed by EUR 500 million from Actis, plans to start construction in Silistra, Bulgaria in the coming months and expects the project to be commissioned in the second quarter of 2025. The company also has over 2 GW of clean energy capacity being prepared for construction.

In Romania, Rezolv Energy is building a 1.06 GW PV plant in Arad, near the border with Hungary. The company also has over 1 GW of wind power under construction in Romania. Monsson, the minority partner in the Dama Solar project, has purchased the agricultural firm that owns the land for the solar farm. The race for the largest PV facilities in both Bulgaria and Romania is ongoing, with several other large projects in the pipeline.

What is the regulatory clearance received by Rezolv Energy for its solar power project in Bulgaria?

• Rezolv Energy has received regulatory clearance for a 229 MW solar power project in Bulgaria.
• This project would be the largest solar power project in Bulgaria.
• Rezolv Energy's minority partner in an investment in Romania has purchased the land for their photovoltaic plant.
• The photovoltaic plant in Romania is planned to reach 1.06 GW, making it the highest capacity in Europe.
• Rezolv Energy plans to start construction in Silistra, Bulgaria in the coming months.
• The company expects the solar power project in Bulgaria to be commissioned in the second quarter of 2025.
• Rezolv Energy has over 2 GW of clean energy capacity being prepared for construction.
• In Romania, Rezolv Energy is building a 1.06 GW PV plant in Arad, near the border with Hungary.
• The company also has over 1 GW of wind power under construction in Romania.
• Monsson, the minority partner in the Dama Solar project, has purchased the agricultural firm that owns the land for the solar farm.
• There are several other large PV projects in the pipeline in both Bulgaria and Romania, indicating a race for the largest PV facilities in the region.