China's Hareon Solar Technology unit launches 25 MW PV plant in Bulgaria

Investment in the plant, which was launched on Monday, totals 61.3 million euro ($80.1 million), the Kazanlak municipality said in a statement published on its website.

The project was backed by the China National Development Bank.

The plant covers an area of 60 hectares.

Hareon Solar Technology is currently working on four PV projects in Bulgaria with a total capacity of 90 MW, the statement quoted Hareon Solar Technology vice president Lewis Liu as saying.

The village of Cherganovo is located in central Bulgaria.

($ = 0.7652 euro)