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Helios Montana Solar Plant

Sector: Solar • Location: Bulgaria

Source: World Bank Group

Project
Active

Helios Power (Bulgaria) developed the 3.0 MW Montana solar plant.

The plant was commissioned in June 2012. The tariff for the project was EUR 248.3/MWh, for a period of 20 years with CEZ, a partially privatized vertically integrated utility company. Project life is 25 years. The equipment was provided by Mitsubishi International Corporation, supplying CSUN 235/240 - P solar panels, from CEEG Nan

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The project “Helios Montana Solar Plant” is an infrastructure initiative in the Solar sector, located in Bulgaria. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Helios Power (Bulgaria) developed the 3.0 MW Montana solar plant. The plant was commissioned in June 2012. The tariff for the project was EUR 248.3/MWh, for a period of 20 years with CEZ, a partially privatized vertically integrated utility company. Project life is 25 years. The equipment was provided by Mitsubishi International Corporation, supplying CSUN 235/240 - P solar panels, from CEEG Nanjing Renewable Company Ltd. (CHina). The inverters were supplied by SMA Solar Technology AG, Tripower 17000TL. The support structure was supplied by Ellon. Annual maintenance costs are EUR 0.013/kWh. Insurance for the project is provided by ALLIANZ. Corporate tax rate is 10%. Total project cost was unavailable, but the average cost in 2011 was US$3.9 million/MW based on PPI-RE data: US$11.7 million. Financial closure date was estimated at June 2012, date of commissioning. The coordinates of the project are: Lat. 43°20.209´ N, Long. 23°11.334´ E http://www.heliospower.bg/proj_03.html

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