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Karadzhalovo Solar Park

Karadzhalovo Solar Park
Karadzhalovo Solar Park is located in Bulgaria
Karadzhalovo Solar Park
Location of Karadzhalovo Solar Park in Bulgaria
Country Bulgaria
Location Karadzhalovo Parvomay Municipality
Coordinates 42°06′17″N 25°19′18″E / 42.10472°N 25.32167°E / 42.10472; 25.32167Coordinates: 42°06′17″N 25°19′18″E / 42.10472°N 25.32167°E / 42.10472; 25.32167
Commission date March 2012
Construction cost BGN 350 million (around $248 million)
Owner(s) ACF Renewable Energy
Solar field
Type Flat-panel PV
Power generation
Units operational 214,000
Nameplate capacity 60.4 MW

The Karadzhalovo Solar Park is a 60.4 megawatt (MW) solar farm, the largest in Bulgaria. It has 214,000 photovoltaic panels, and cost 350 million Bulgarian lev (approximatively $248 million). It has been completed in March 2012 after 4 month of construction.

The total project cost amounting to 181.4 million in Euro was financed by:

Three month after completion, it was resold to the Malta-based ACF Renewable Energy, which is reported to be owned by investors from the US, Sri Lanka, India and Pakistan. The selling price has been reported to be equal to the construction price of BGN 350 million.


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