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21.01.2011 14:30
Japan plans to build 250 MW solar plant in Bulgaria
The planned investments for the 250 MW solar project amount to 1.2 billion dollars

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According to a publication from, citing BTA, the Japanese companies Toshiba and Tokio Electric Power plan to build a 250 MW solar park in Bulgaria near Yambol. The planned investments amount to 1.2 billion dollars, a publication in the Japanese Nikkei news paper says.

Toshiba, Tokio Electric Power and the Japanese trade intermediary Itochu together with  the Japanese government supported Innovation Network Corp., plan to create a regional enterprise which will make 50% of the planned investments. CEZ will also participate in the mutual enterprise and will invest 240 million dollars. The source of the remaining 30% from the whole investment still remains unknown.

Toshiba has announced it can’t comment a particular project in Bulgaria, but says that a decision for such a project has not been taken yet. The Bulgarian Energy, Economy and Tourism minister Traicho Traikov and the Japanese  Economy minister Banri kaieda will discuss their support of the project in the beginning of the next week.

TAGS: Japan | Bulgaria | solar plant | Toshiba | Tokio Electric Power | Itochu | CEZ | Innovation Network Corp. | Traicho Traikov | Banri Kaieda 

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