Feb 18, 2013 - Hareon Solar Technology Co., Ltd. revealed that its two photovoltaic power stations in Bulgaria has received approval from the local government for power generation. Four similar projects in the nation are believed to receive subsidies of EUR 498 million for on-grid electricity tariffs.
So far, four photovoltaic power stations built by the company in Bulgaria with installed capacity of 90.68MW have all started on-grid operation and gotten subsidies for electricity tariffs. In 2012, three of them respectively won revenue of EUR 1.8 million, EUR 477,200 and EUR 80,100 from electricity tariffs.