Bulgaria’s Solar Panel investing 3.8 mln euro in new PV factory – SeeNews

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March 19 (SeeNews) – Bulgarian photovoltaic (PV) panels maker Solar Panel is investing 7.35 million levs ($4.1 million/3.8 million euro) in a new plant in the northeastern town of Omurtag, the innovation ministry said.

The new factory will have a capacity of 200 MW per year and is set to generate 45 new jobs, the ministry said in a press release on Monday.

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The plant will comprise a raw materials warehouse, a production workshop, a finished products warehouse and an administrative facility.

Targovishte-based Solar Panel was founded in 2022, commercial register data show.

(1 euro = 1.95583 levs)

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