Enery, an Austria-based renewable energy firm, has inaugurated its largest solar power plant to date, a 113 MW photovoltaic (PV) facility in Tsenovo, located in Bulgaria's Svishtov region. Spanning over 140 hectares, this solar project is now the eighth-largest in Bulgaria and marks a significant step in the country’s ongoing solar power boom.
Despite the 113 MW nameplate capacity, the plant’s grid connection is currently limited to 80 MW. With over 181,000 solar modules, the plant is expected to produce 177 GWh annually—enough to supply electricity to over 48,000 Bulgarian households.
Enery secured power purchase agreements (PPAs) with three corporate offtakers: KCM, a major lead and zinc producer, Orange Romania Group, and Dreher Breweries, part of Asahi Europe and International. Notably, the Tsenovo PV facility will provide 10% of KCM's annual electricity needs.
The European Bank for Reconstruction and Development (EBRD) backed the project with a EUR 25 million guarantee, part of a larger EUR 67 million loan agreement with UniCredit Bulbank. The total project cost, including infrastructure, amounts to EUR 85 million. Enery is also exploring the possibility of integrating a battery energy storage system at the site.
With this addition, Enery now operates 490 MW of green energy capacity across 11 countries and has a project pipeline exceeding 8 GW, further solidifying its position in the renewable energy market in Central and Eastern Europe.
