Toshiba teams up to build solar power plant to help reduce global warming.
Toshiba & Tokyo Electric Power will team up with the Japanese government to build one of the WORLD'S LARGEST SOLAR power stations in Bulgaria, according to a report. The plant will be built in the eastern city of Yambol by March 2012 at a cost of more than 100 billion yen ($1.2 billion), Japan's Nikkei daily said.
It is tru
It is tru
e that Toshiba is carrying out various activities for developing solar power in Bulgaria," a Toshiba spokesman said. "But we cannot comment on a specific project & nothing has been decided yet." The plant will start with an output capacity of roughly 50,000 klwts. The capacity will gradually be increased to 250,000 klwts in five years.
As a European Union member, Bulgaria needs quickly to bolster its sources of renewable energy to reduce carbon dioxide emissions. The EU has an aggressive goal to unilaterally cut carbon emissions by 20 percent by 2020, as compared to a benchmark year of 1990.
By tapping Japanese technology, the eastern European nation aims to pave the way for obtaining 16 percent of its power from renewable energy sources by 2020, up from roughly seven percent now, the report said."
As a European Union member, Bulgaria needs quickly to bolster its sources of renewable energy to reduce carbon dioxide emissions. The EU has an aggressive goal to unilaterally cut carbon emissions by 20 percent by 2020, as compared to a benchmark year of 1990.
By tapping Japanese technology, the eastern European nation aims to pave the way for obtaining 16 percent of its power from renewable energy sources by 2020, up from roughly seven percent now, the report said."
