Chinese Enterprises Deeply Cultivate Bulgarian PV Market

A few days ago, the Virilla PV Power Station, Bulgaria's photovoltaic project with the largest designed installed capacity so far, was successfully put into operation. This marks a new chapter in the country's photovoltaic power generation

A few days ago, the Virilla PV Power Station, Bulgaria's photovoltaic project with the largest designed installed capacity so far, was successfully put into operation. This marks a new chapter in the country's photovoltaic power generation. Zveterina Penkova, a Bulgarian member of the Member of the European Parliament, believes that "this means that we are making great strides in the right direction". The power station has a total of 124 MW, and more than 220000 photovoltaic panels are provided by China JinkoSolar.

The Virilla PV power station is located in the village of Krayniz near Dupnitsa Municipality in the southwest of Bulgaria. The project has an investment amount of over 200 million Lev (approximately 100 million euros), covers an area of over 1300 acres, and is located on the southern slope of the steep Virilla Peak at an altitude of 700 to 1000 meters. It is considered by the industry to be "one of the most challenging and attractive photovoltaic projects in Europe at present".

The power station is the largest photovoltaic project in Bulgaria so far, which will significantly improve the photovoltaic power generation capacity of the country after being put into operation. According to the preliminary calculation of the Bulgarian mainstream financial media Capital Daily, the annual power generation of the power station is about 170000 MWh. Based on the current energy price of approximately 200 Lev per megawatt hour, this means that the project's annual revenue will exceed 30 million Lev.

The Virilla PV power station project is not only a landmark project in Bulgaria, but also a benchmark for energy transformation in the pan European region. Therefore, the project has undergone layer by layer checks in terms of site selection, construction, operation, and product selection.

The relevant person in charge of Sunotec, the general contractor of the power station project, stated that the reason why the project chose to use Jingke products is because the N-type TOPCon double-sided components provided by the company maintain industry-leading advantages in reliability, technical cost, and excellence rate, which helps to achieve the goal of "cost reduction and efficiency increase" for the project.

Frank Niendorff, general manager of JinkoSolar Europe, introduced that JinkoSolar's self-developed N-type TOPCon (namely, "tunneling oxide passive contact solar cells") product has significant advantages in efficiency and performance compared with the mainstream P-type PERC (namely, "passive emitter and back contact batteries") product in the current market. For example, the N-type TOPCon product has higher Solar-cell efficiency, lower attenuation rate, better temperature coefficient, higher double-sided rate and weak light performance. It has stronger power generation capacity in various application scenarios, and the power generation per watt is 3% -15% higher than the P-type PERC product.

The Bulgarian government has made frequent efforts to encourage photovoltaic power generation in recent years. According to Bulgaria's National Energy and Climate Comprehensive Plan, the country plans to achieve the goal of 3.3 GW of photovoltaic installed capacity by 2030. In April this year, the Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development signed a financing agreement to support the construction of new photovoltaic power generation projects and energy storage infrastructure projects in Bulgaria. In May, the Bulgarian Ministry of Energy announced that it would provide 240 million Lev to support residents to install household photovoltaic power generation and energy storage systems.

Sun Lin, head of sustainable development business of JinkoSolar, told reporters that the company is very optimistic about the prospects of Bulgaria's photovoltaic market. Sun Lin believes that due to the heavy proportion of thermal power and nuclear power in the power generation structure, the country's energy transformation is facing significant pressure. At present, the renewable energy in Bulgaria is mainly hydropower, but hydropower is vulnerable to seasonal factors and the power generation output is unstable. At the national level, the Bulgarian government is increasingly willing to promote photovoltaic power generation. Sun Lin said that JinkoSolar is willing to give full play to its advantages in technology and global marketing network, continue to deepen its efforts in Bulgaria's large power plants, small household use, distributed commercial and energy storage systems and other fields, and help Bulgaria's energy transformation process.

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