Realized initiatives in 2022:

As part of its social program, on April 27th and April 28th CWP organized celebrations for all the children from kindergartens and schools (grades 1-4) in Valchi Dol municipality. Read more here.

The social initiatives of CWP continue with a partial renovation of the furniture in “Happy Childhood” in the village of Belogradets, Vetrino municipality. CWP donated new chairs to all children attending kindergarten. Read more here.

Together with the administration of Vetrino municipality, on April 9th CWP  organized an outdoor event for the celebration of International Roma Day. Read more here.

As part of its social program for Vetrino Municipality, CWP organized a spring celebration on the 21st of March in Vetrino village. Read more here.

 

Realized initiatives in 2021:

Improvement of Dobrotich and Vetrino villages’ infrastructure and green areas.

Community is at the heart of everything we do. We work hand-in-hand with our communities to create a series of longer-term projects that leave a lasting legacy. It is all about the legacy we leave. We provide an alternative for clean energy that will benefit future generations. But that is not enough. During the construction and operation phase, we want to support the local communities that make the implementation of our wind farm possible, leaving a tangible legacy that changes everyday life for years to come.

Social program:

CWP believes that Bulgaria can drastically reduce electricity prices for households and businesses by including more renewable energy sources in the country’s energy mix. The company offers effective solutions for the development of the Bulgarian energy sector and for building a competitive economy in the context of the global decarbonization targets, in its analysis “Vision 2030 – For cheaper electricity and a more competitive economy”. The analysis shows that the most efficient and competitive way forward for the Bulgarian energy sector is the development of 7GW of new wind and solar capacities. Attracting private capital can happen by updating the regulatory framework, without the need for government subsidies or public resource investments.

The analysis shows that this is how lower electricity prices, stability, independence, and predictability of the energy system can be guaranteed in Bulgaria, which will help increase the competitiveness of the entire Bulgarian economy.

In relation with the upcoming energy transformation, one of the most significant investments of CWP since January 2021 has been in Bulgaria, through the project company Dobrotich Wind AD. The company was established with the aim to develop and implement a wind park with total installed capacity of 519 MW, obtained from the installation of 79 wind turbines.

The implementation of the project is planned on the territories of two neighboring municipalities – Valchi dol and Vetrino, located in Varna district. Fifty (50) of the wind generators will be located in the area of ​​the villages of Dobrotich, Mihalich, Kaloyan, Izvornik, Iskar and Esenitsa – Valchi dol Municipality. The remaining twenty-nine (29) wind generators will be located in the villages of Dobroplodno, Yagnilo and Momchilovo, Sredno Selo and Vetrino – Vetrino Municipality.

As a socially responsible investor, CWP and its project company Dobrotich Wind AD want to build a successful partnership with the local administration and community with a focus on improving the quality of life of the local population in the long run. As part of the project, Dobrotich Wind AD plans to implement a social program aimed at supporting various initiatives that are of particular importance for both municipalities and the local community. The indicative total budget for the implementation of social initiatives until the issuance of a building permit (2022-2025) amounts to BGN 15,000 per each turbine generator for which a building permit is issued by the competent authorities or a total of approximately BGN 750,000 for the municipality of Valchi dol and BGN 435,000 for the municipality of Vetrino.

The indicative budget for the social program will be provided in stages in view of the degree of implementation of the project. Dobrotich Wind AD relies on the local community and administration to use the funds in the best possible way, in view of which a Board of Trustees for the social program will be established. Its mandatory members will be:

  • Municipal mayor
  • Chairman of the General Assembly
  • Mayors of the villages in whose land wind turbines are planned to be installed
  • Representative of the investor company

The Board of Trustees will be able to choose the most impactful initiatives for the local community projects and proposals which will financed by the company’s social program.