Bulgaria’s rural areas flocked with solar power projects
Bulgaria is seeing a growing interest in renewable energy, with State Fund Agriculture (SFA) receiving 24 solar plant proposals in March alone, said consultants Elana Investment, which prepare EU-financed agriculture projects.
At the start of the year the fund’s payment agency opened application procedures for proposals under the measure for creation and development of micro businesses, which hands out European and national subsidies for alternative energy installations as well. Almost 200 proposals have been submitted so far, where green energy projects make a substantial part, the SFA said.
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Unlike prosperous member states such as Germany, Bulgaria is unable to provide lavish subsidies for solar power, or single-handedly muster the financial resources needed to fund large-scale wind and tidal projects. Nuclear power is one alternative, but the lack of funding has weighed heavily on the government.
I’ll keep looking because I remember reading about if you invest in solar power panels you get a certain percentage back but don’t quote me on that until I can find where I read it and remember it correctly.
Hey Chris if you have a moment would like to ask you a quick question of I may?