VPPA signed for Rezolv Energy''s Bulgarian solar plant
The VPPA covers Rezolv Energy''s planned Bulgarian 229MW St George solar project, which will provide renewable electricity to AGP-Europe''s manufacturing plants across the continent.
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The VPPA covers Rezolv Energy''s planned Bulgarian 229MW St George solar project, which will provide renewable electricity to AGP-Europe''s manufacturing plants across the continent.
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Through it, the company has become the leading enabler of St. George, a 229 MW solar project which, overall, will deliver an average of 313 Gigawatt hours of renewable electricity annually.
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Rezolv Energy, supported by UK investment firm Actis, has secured up to €90 million in debt financing for the construction of the 225 MW St. George solar power plant in northeastern Bulgaria.
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The deal will provide AGP''s European glass manufacturing operations with renewable electricity from the St. George solar photovoltaic (PV) project in Bulgaria from April 2026.
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The VPPA involves Rezolv Energy''s 229 MW St George Solar Project, located on a former airfield in Silistra, Bulgaria.
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St. George will be one of the largest solar projects in Bulgaria once it is operational in the summer of 2025. In a country which has historically relied on fossil fuels for most of its energy needs,
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Ardagh Glass Packaging-Europe (AGP-Europe) has secured a deal for renewable energy supply to its glass manufacturing operations across Europe from April 2026. It has entered a long
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Discover the innovative solar park in Bulgaria. Rezolv Energy secures financing for the ''St. George'' solar park project.
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Rezolv Energy has begun construction on the St. George solar facility, a 225 MW park poised to become one of the largest photovoltaic plants in Bulgaria and the wider Balkan region.
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Ardagh Glass Packaging-Europe announced that it has entered a long-term Virtual Power Purchase Agreement (VPPA) with Rezolv Energy''s St George solar farm project in Bulgaria, securing
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