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    Home»Solar Energy»Italian consortium to build first solar panel factory in Bulgaria
    Solar Energy

    Italian consortium to build first solar panel factory in Bulgaria

    cindy kBy cindy kNovember 23, 2022No Comments2 Mins Read
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    The Italian company EXE Solar will build the first factory for solar panels in Bulgaria. The location for the plant is in the industrial zone of Yambol and the investment is estimated at EUR 6.5 million.

    An Italian consortium will build the country’s first solar panel factory in the Yambol industrial zone, the southern region Governor Georgi Chalakov revealed and said photovoltaic module manufacturer EXE Solar is the investor. The project costs EUR 6.5 million. Construction is scheduled to begin in April 2023, and the plant is expected to be operational by the end of next year.

    The initial capacity of the facility will be 300 MW, and later it will increase to 600 MW, project leader Plamen Komitov announced, the Bulgarian News Agency reported.

    The factory is designed to employ 50 people, mostly IT specialists and engineers

    Bolzano-based EXE Solar bought 1.1 hectares of land in the Yambol industrial zone for EUR 200.000. It says it will hire 50 people, mainly IT specialists and engineers, and adds that production will be almost entirely robotic.

    The investors will ask for help and cooperation from the Faculty of Engineering and Technology of the University of Thrace in Yambol for the training of the staff, the article added.

    The company also intends to build a solar park, it was learned and reported by BNR that it plans to buy 60 hectares of municipal land in a remote part of the city.


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