Mitsubishi International has purchased 5MW capacity solar modules from China Sunergy, a manufacturer of solar cell and module, for its Yerussalimovo Solar Park in Bulgaria.
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The Yerussalimovo Solar Plant located in the vicinities of Yerussalimovo Village, will be developed in the next two years by Helios Power as the seventh of a series of PV projects.
The solar modules are being installed and managed by the China Sunergy’s Bulgarian strategic partner since 2010, Helios Power.
Helios Power subsidiary Solaren Park Bulgaria EAD managing director Ivo Georgiev said, "We rely on China Sunergy’s efficient products and services to achieve high project performance, and ultimately to guarantee the outcome of investments."
China Sunergy has so far supplied more than 40MW of solar modules to the Bulgarian energy market with a 30% increase from the last year’s sales.
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By GlobalDataThe company sold 18MW in 2011 and has shipped a total of 22.32 MW to Bulgaria since the beginning of 2012.
China Sunergy CEO Stephen Cai said the company has built up a very large market share in Bulgaria.
"Our 18MW in shipments last year comprised nearly 32% of this market, which, according to the latest Solarbuzz report, totaled about 57MW in 2011," said Cai.
"The Bulgarian market is forecasted by the same report to increase to 2.7 times last year’s level, to 152MW, in 2012."
"We hope to continue to maintain 30% market share this year, even considering the tripled market size.
