{"id":4523,"date":"2026-07-23T14:57:20","date_gmt":"2026-07-23T14:57:20","guid":{"rendered":"https:\/\/ribasinvest.com\/projects\/bolhrad-energy-park\/"},"modified":"2026-07-27T14:15:59","modified_gmt":"2026-07-27T14:15:59","slug":"bolhrad-energy-park","status":"publish","type":"project","link":"https:\/\/ribasinvest.com\/en\/projects\/bolhrad-energy-park\/","title":{"rendered":"Bolhrad Energy Park"},"content":{"rendered":"\n\n
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About the project
\nBolhrad Energy Park by Codex Energy<\/h2>\n <\/div>\n \n
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\n Bolhrad Energy Park is an energy infrastructure asset that generates profit from two independent sources: a solar power plant and an energy storage system, integrated into a single managed Codex Energy system. <\/div>\n \n
\n The energy infrastructure provides long-term stability and a predictable income model. <\/div>\n <\/div>\n\n
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\n 24.5% per annum <\/div>\n \n
\n Average projected return of the model over 10 years in euros <\/div>\n <\/div>\n
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\n IV’26 <\/div>\n \n
\n Project launch <\/div>\n <\/div>\n
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\n 3 months. <\/div>\n \n
\n Regularity of interest payments <\/div>\n <\/div>\n
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\n \u20ac6.3 million <\/div>\n \n
\n Total project budget <\/div>\n <\/div>\n
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\n 6.3 MW \/ 4.5 MW <\/div>\n \n
\n Solar power plant capacity <\/div>\n <\/div>\n
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\n 49 years <\/div>\n \n
\n Land lease term <\/div>\n <\/div>\n \n <\/div>\n<\/section>\n\n\n
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\n Bolhrad Energy Park combines technology, location, and professional management to create a stable income-generating model. <\/div>\n\n
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What is the Bolhrad Energy Park?<\/b><\/h2>\n <\/div>\n \n \n
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\n The project operates under a hybrid model that combines two sources of income: <\/div>\n \n
\n \u2014 a solar power plant;\r\n\u2014 two energy storage systems (ESS);\r\n\u2014 operational management;\r\n\u2014 a private capital participation model via an energy cooperative.\r\n <\/div>\n <\/div>\n <\/div>\n\n
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\n The project operates on a hybrid model that combines two revenue streams: <\/div>\n \n
\n Solar Power Plant (SPP) \u2014 electricity generation.\r\nEnergy Storage System (ESS) \u2014 electricity storage and participation in the electricity market by leveraging price differentials across different times of day.\r\n <\/div>\n <\/div>\n <\/div>\n\n
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\n Updated financial model <\/div>\n \n
\n Following an update to the financial model, the company decided to expand the Bolhrad Energy Park by adding a second energy storage unit, thereby increasing the potential efficiency of the entire energy asset. <\/div>\n <\/div>\n <\/div>\n\n
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\n The project is being implemented in Bolhrad, Odesa region. <\/div>\n \n
\n Southern Ukraine possesses strong potential for solar energy development due to high insolation levels and a large number of sunny days per year.\r\nFor Codex Energy, this location is significant not only for generation purposes but also for the development of the region’s energy infrastructure.\r\n <\/div>\n <\/div>\n <\/div>\n\n
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benefits of the project<\/h2>\n <\/div>\n \n
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