United Group Expands Solar Footprint in Bulgaria

• United Group's new 8-MWp solar farm in Bulgaria powers progress, cutting 4,700 tons of CO₂ annually, and fuels the path to 100% renewable energy by 2030.

United Group has inaugurated its second solar farm in Bulgaria, an 8-MWp facility near Barakovo in Kocherinovo Municipality. The plant, equipped with 11,466 bifacial modules, is expected to produce 12 GWh of electricity annually, offsetting approximately 4,700 tons of CO₂. The solar farm, built on rehabilitated industrial land, is part of United Group's strategy to integrate connectivity services with decarbonization projects in the Balkans. The power generated will feed into the local grid, supporting both the company's consumption and nearby businesses.

This project follows United Group's first 6-MWp solar installation in Bulgaria and is part of a broader plan to achieve 100% renewable self-consumption by 2030. The company is also exploring on-site battery storage to optimize energy use during peak hours. CEO Victoriya Boklag emphasized the importance of pairing reliable broadband with clean energy. Industry experts note that corporate buyers are driving growth in Bulgaria's solar sector, which has seen a significant increase in capacity. The government's energy plan aims for at least 5 GW of solar by 2030, with projects like Barakovo contributing to this goal.

How does United Group's new solar farm contribute to Bulgaria's renewable energy goals?

• Supports Bulgaria's national target of achieving at least 5 GW of solar capacity by 2030.
  
• Contributes to the reduction of carbon emissions, aligning with Bulgaria's commitment to the EU's climate goals.
  
• Enhances energy security by diversifying the energy mix and reducing reliance on fossil fuels.
  
• Promotes the use of rehabilitated industrial land for renewable energy projects, optimizing land use.
  
• Encourages corporate investment in renewable energy, setting a precedent for other companies in the region.
  
• Provides a model for integrating renewable energy with connectivity services, showcasing innovative approaches to decarbonization.
  
• Stimulates local economic growth by supporting nearby businesses with clean energy.
  
• Advances United Group's strategy of achieving 100% renewable self-consumption by 2030, setting an example for other companies.
• Potentially increases the adoption of on-site battery storage solutions, enhancing grid stability and energy efficiency.