Bulgaria's 4B Solar to build 180 MW solar plant

Bulgarian company 4B Solar plans to invest 100 million euro ($118.7 million) in the construction of a 180 MW solar plant in the town of Devnya, in the northeast of the country, the local municipality said.

The project will be implemented in three stages and should be completed by the end of 2022, the Devnya municipality said in a statement.

By the end of 2018, 4B Solar will build a 110 KV/20 KV substation with a capacity of 5 MW, which should increase to 65 MW by December 2020 and to 110 MW by the end of 2022.

4B Solar, founded in May, is registered in Varna.

(1 euro = 1.95583 levs)

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