ADDRESS AND BUSINESS LEGAL PURPOSE
Business legal purpose: Construction and operation of Renewable Energy Source (RES), electricity trading.
REGISTRATION AND OWNERSHIP
The company has a registered capital of BGN 300.
UIC: 201588277
Ownership: Associates in the company are KID 2225 Ltd with 50% share and KIK Engineering Ltd with 50% share.
Manager: Kalin Ivanov Kotsev and Vanya Georgieva Manikateva
European project
KIK Energy – 1” Ltd. Implements an EU-Funded Project under the Recovery and Resilience Facility
Project Title:
“KIK Energy – 1” Ltd. is implementing Project No. BG-RRP-4.032-0043, which includes the installation of an Electrical Energy Storage System with an installed power capacity of 0.2 MW and storage capacity of 0.466 MWh to an existing Photovoltaic Power Plant with an installed capacity of 0.3996 MWp and maximum inverter AC power of 0.4 MW, located in property identifier 32576.33.48, UPI I-048, Area 33, locality “Biy Bair,” cadastral area of Izgrev, Elhovo Municipality, Yambol District.
Project Description:
The project envisages the construction and commissioning of an electrical energy storage system with an installed capacity of 0.2 MW and storage capacity of 0.466 MWh connected to an existing photovoltaic power plant with an installed capacity of 0.3996 MWp.
The investment is implemented under procedure BG-RRP-4.032 “Support for New Capacities for Electricity Generation from Renewable Sources and Electricity Storage with Installed Capacity from 200 kW to 2 MW” under project No. BG-RRP-4.032-0043.
Main Objectives:
• Increasing the capacity for electricity generation and storage from renewable energy sources;
• Improving the efficiency and sustainability of the energy system;
• Supporting the transition to a low-carbon economy.
Expected Results:
• Constructed and operational electricity storage system;
• Increased flexibility and efficiency of electricity generation;
• Reduced losses and improved energy flow management.
Financing:
The project is implemented by “KIK Energy – 1” Ltd. with the financial support of the European Union through the NextGenerationEU instrument under the Recovery and Resilience Facility.
The total value of the investment amounts to BGN 233,700, of which the grant funding amounts to BGN 116,850.
“This publication has been produced with the financial support of the European Union – NextGenerationEU. The sole responsibility for the content of this document lies with ‘KIK Energy – 1’ Ltd., and under no circumstances can it be regarded as reflecting the official position of the European Union and the Monitoring and Reporting Structure.”
