0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

BULGARIAN-GREEK COMPANY TO BUILD WIND PARK ON DANUBE RIVER

2007-09-13   |  en.dnevnik.bg

A BulgarianGreek joint venture has announced plans for the construction of a 500MW wind park in Bulgaria's Gulyantsi municipality, on the Danube. The investment project was submitted by the GP Energy company for approval to the local authorities last week. The project will also have to be reviewed by the regional environment and waters directorate based in Pleven.

The 2.0 ha park will consist of 25 wind-powered generators deployed in the area of the Somovit and Dolni Vit villages and a further 35 generators installed near the villages of Gigen and Iskar, all in the Pleven region. The electricity output will be sold to national power grid operator NEK at 9 euro cents/kWh without taxes.

Gulyantsi mayor Violin Ivanov said several companies have indicated their interest in harnessing the power of the wind in the area. Three wind turbines are already in operation near Somovit. They were installed by Lovech-based company Velga which plans to add a few more turbines next year.

A Sofia-based company will build a second wind farm near Somovit, said Ivanov, withholding the name of the investor.

Yet another investor is in the process of acquiring private land plots in the Somovit area suitable for wind power generation.

Some 100 wind turbines have been installed across Bulgaria in the past two years. Over 90% of the facilities have been deployed by non-energy companies.

Properties for sale in the area

  Read more news

Share
Rural Houses in Bulgaria - wonderful in every season!
A real peace of heaven in the Bulgarian countryside! Your own holiday home in a magic world hidden from the stress and the noise of urban life.

Join us on a journey back to nature!
See More
Central Park - the best-selling new development in Sofia
Homes for sale in one of the largest new construction developments in Sofia!

A unique gated complex recreating the style and atmosphere of New York's Central Park. Modern buildings, space, greenery and breathtaking views! A future icon of the Bulgarian capital that will bring a new standard for quality of life. Choose your home now - big choice and attractive prices!
See More

More News

Company news
BULGARIAN PROPERTIES presents Bulgaria's first AI property search engine

Are you tired of searching the old way? Try something new on our website!

BULGARIAN PROPERTIES announces the launch of a revolutionary new feature on its website —an AI search engine with natural language processing that allows users to search for properties by describing what they need in words.

It understands the meaning of what is written and returns the most accu...

21 November, 2025
Company news
BULGARIAN PROPERTIES Agents of November 2025 🏆

As autumn is in full swing, the real estate market in Bulgaria remains stable and active in anticipation of the eurozone entry.

Property prices continue to rise, and interest in new-build projects remains strong, especially for modern complexes with guaranteed quality. The year also appears to be one of the strongest for a rise in demand for rural houses which are offered in quite ...

04 November, 2025
Press & Media
Polina Stoykova at REAL ESTATE BUSINESS FORUM: The housing market in Sofia is calming down under the pressure of high prices

The real estate market in Bulgaria's major cities is calmer than expected, just months before Bulgaria joins the eurozone. The euphoria and large sales volume remained in the first half of the year, until the decision to accept the country into the eurozone. This was commented on by Polina Stoykova MRICS, Managing Director and co-owner of the real estate agency Bulgarian Properties, during the Rea...

22 October, 2025
latest news
Why Brits Are Once Again Choosing Bulgaria for Their Dream Home Abroad

Twenty years ago, Bulgaria became one of the most attractive destinations for British buyers searching for affordable holiday homes and retirement havens. Now, two decades later, the trend is back – and stronger than ever.

One of the many inspiring stories we’ve witnessed recently is that of Yossef, a buyer from the UK who came to explore Bulgaria with the hope of find...

06 October, 2025

REQUEST DETAILS