E.ON Bulgaria, the owner of the Varna and Gorna Oryahovitsa regional power distribution companies, has started to install wind north of Varna, on the Black Sea, to test the wind potential of the area, said board member Reinhard Aschendorff.
The company has earmarked locations along the Northern Black Sea coast for the construction of three wind parks, said the E.ON official.
If the test results are up to par, the pilot projects will be developed into fully-fledged wind parks, said Aschendorff.
The company expects to emerge as the nation's biggest wind power producer.
In 2008, E.ON Bulgaria intends to reinvest the 2007 net profit of 21 mln levs to improve and expand the transmission grid, said board chairman Manfred Paasch.
The two divisions of the company had contrasting fortunes in 2007. E.ON Bulgaria Networks posted a profit of 42.57 mln levs while E.ON Bulgaria sales slumped to a loss of 21.728 mln levs.
By 2010, the power distributor plans to launch the 7.4 mln lev Topola substation near Kavarna, the 5.5 mln lev Galata substation near Varna and a 7.5 mln lev substation in Veliko Tarnovo. A further 2 mln levs will be invested in substations in other locations.
Some 80 wind turbines have been deployed so far along Bulgaria's Northern Black Sea coast, most of them located in the Dobrich region. Other locations include Balchik, Kavarna and Shabla.
Mitsubishi Heavy Industries is developing in partnership with local company Inos 1 the 2,700 ha Kaliakra Wind Power park. The project will cost over 90 mln euro.
Search for: company |
Search for: sales |
Search for: Bulgaria |
Terms & ConditionsPrivacyCopyrightPublished by All Data Processing. All rights reserved. Created by Ladger.
