OMV Petrom moves ahead with Gabare project in Bulgaria
Romanian energy company OMV Petrom made a final investment decision for the Gabare solar and battery storage project in north-west Bulgaria, investing around €300 million ($347.5 million) in what it calls one of the largest integrated renewable energy schemes in Bulgaria, comprising a 415MW-peak photovoltaic plant and a roughly 600MWh battery storage system, with first electricity projected for 2028.