UPDATE 1 - Bulgaria's Alcomet to invest 1.3 mln euro in rooftop PV project

Work on mounting the panels is expected to start in December, and the solar array should be commissioned in February 2023, the company said in a statement.

As many as 5,000 solar panels will be installed, which will produce an estimated 2,600 MWh of electricity per year. The electricity output will cover about 4% of the energy needs of the production plant.

Alcomet expects the solar array to save 1,330 tonnes of carbon dioxide per year, or 33,250 tonnes over the planned 25-year lifetime of the installation.

Next year, Alcomet plans to complete the 1.7 million euro ($1.75 million) ALUGREEN green anodising project which began in August 2021 and was co-funded under the Norway Grants 2014-2021 mechanism.

(1 euro = 1.95583 levs)