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JV CO Bourgas Solar Plant

Active · Bulgaria

Source: World Bank Group

Project
Active

Project developer JV CO was planning the development of the 1.25 MW solar plant, near the city of Bourgas. JV CO was a joint venture between ERG Renew from Italy and Lukoil Ecoenergo, from Russia. Lukoil Ecoenergo was a subsidiary of Lukoil, registered in 2011 to manage its renewable energy projects. The European Commisison granted clearance for the joint venture.

The project was planned to be co

Status
Prospective
Sector
Commercial, Power Generation (CCGT), Solar, Government
Location
Bulgaria
Updated
22 Jul 2026
Source
World Bank Group

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

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Project developer JV CO was planning the development of the 1.25 MW solar plant, near the city of Bourgas. JV CO was a joint venture between ERG Renew from Italy and Lukoil Ecoenergo, from Russia. Lukoil Ecoenergo was a subsidiary of Lukoil, registered in 2011 to manage its renewable energy projects. The European Commisison granted clearance for the joint venture. The project was planned to be commissioned in October 2011, with its output sold to the wholsale market. The construction of the plant was to be managed by Lukoil Ecoenergo. Total estimated cost for the project were $4 million, to be financed by Russian Lukoil (announced July 2011).

Original sector

Energy

Budget

Location

Country

Bulgaria

Source

Source

World Bank Group

URL

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Record type

Project

Sector

Commercial, Power Generation (CCGT), Solar, Government

Article published date

2024-09-23

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