CMS assists in successful licensing of Shumen Photovoltaic and battery storage power plant in Bulgaria
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CMS has assisted with the successful licensing of the Shumen Photovoltaic and battery storage power plant in Bulgaria, by the Bulgarian Energy and Water Regulatory Commission (EWRC) and operated by Quadra Electric.
The project comprises a 68 MW photovoltaic power plant and an 80 MW/1,600 MWh battery energy storage system. The main investor in the licensee is the Bulgarian company Quadra Electric Ltd and the term of the license has been granted for a period of 25 years.
CMS provided regulatory and legal support during all stages of the preparatory process for the licensing of the licensee before EWRC, with the CMS team appearing during the open hearings at EWRC and addressing all additional requests raised by the Bulgarian regulator.
The CMS team was led by Kostadin Sirleshtov and Borislava Piperkova, and included Lyuba Bozova-Peshovska (Energy, Projects and Construction).