CMS has advised Geosolar Kamenyak on licensing for the 75-megawatt Kamenyak photovoltaic project by the Bulgarian Energy and Water Regulatory Commission.
Licensing before the regulator was finalized beginning of April 2025.
According to CMS, the construction of the project in Shumen Municipality is well underway – it is expected it will reach commercial operation in June 2025 for the first stage and in September 2025 for the second stage.
The CMS team included Managing Partner Kostadin Sirleshtov, Partner Borislava Piperkova, Senior Associate Elena Yotova-Yordanova, Associate Viktoriya Toneva, and Trainees Boris Kirov and Niya Ivanova.