Overview:
Summary
Bulgaria is the new found hotspot for solar PV technology in the world. In 2009, the country has become one of the fastest growing solar PV markets in the world with an expected cumulative PV installed capacity of 86.41 MW. Bulgaria added 85 MW of new installed capacity in 2009, next only to Czech Republic. The maturing German and Spanish markets allowed investors to look for new opportunities in Central and Eastern European (CEEP) nations. In the last couple of years, Czech Republic had attracted major share of investments but with the reduction in feed-in tariff in 2010, the country is all set to lose its supremacy in the region, making Bulgaria the next most promising market. In the long term, the country is expected to become the most lucrative PV destination in the CEEP region due to its new feed-in tariff program which guarantees preferential rates for the sale of power produced by solar installations for 25 years.
Scope
- The study discusses the Central and Eastern European (CEEP) countries solar PV power market during 2004-08.
- It also discusses the historical and forecast installed capacity of the Bulgarian solar PV market.
- The study also briefs the factors that could make the Bulgarian Solar PV market the most sought after destination.
Reasons to buy
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Table Of Contents :
1 Table of Contents 2
1.1 List of Tables 3
1.2 List of Figures 4
2 GlobalData Viewpoint 5
2.1 Summary 5
3 Bulgaria solar PV Market– Eastern Europe’s Most Lucrative PV Destination 6
3.1 Central and Eastern European (CEEP) Countries Solar PV Power Market, 2004-08 6
3.2 Bulgaria Solar PV Power Market, Size and Growth, 2006-2015 7
3.3 Feed-in Tariff to Support PV Development in Bulgaria 8
3.4 Bulgaria Solar PV Inverter Market, Historical and Forecast Revenues, 2001-2015 9
4 Appendix 11
4.1 Methodology 11
4.2 Definitions 12
4.2.1 Units of Measure 12
4.2.2 Abbreviations 12
4.3 Contact Us 12
4.4 About GlobalData 12
4.5 Disclaimer 12
1.1 List of Tables
Table 1: CEEP Countries, Cumulative Solar PV Installed Capacity, (MW), 2004-08 6
Table 2: Bulgaria Solar PV Market, Historical and Forecast Installed Capacity (MW) 2006-2015 8
Table 3: Bulgaria Solar PV Market, Feed-in Tariff System (€/kWh) 8
Table 4: Bulgaria Solar PV Inverter Market, Historical and Forecast Revenues($ mn) 2006-2015 10
1.2 List of Figures
Figure 1: CEEP Countries, Cumulative Solar PV Installed Capacity, (MW), 2004-08 6
Figure 2: Bulgaria Solar PV Market, Historical and Forecast Installed Capacity (MW) 2006-2015 7
Figure 3: Bulgaria Solar PV Inverter Market, Historical and Forecast Revenues($ mn) 2006-2015 9
Figure 4: GlobalData Methodology 11
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