From the very beginning, we believed that developing renewable energy requires more than technology and investment. It requires a clear purpose, consistency, and a responsibility to the future.
That is why Sunterra RE was founded — with a focus on sustainable solutions, high professional standards, and partnerships built on trust and shared vision.With every project delivered, the company builds on its experience, refines its approach, and strengthens its position as a leader in Bulgaria's energy transition.
Today, Sunterra RE stands for quality, sustainable growth, and strategic thinking. This is a story of turning vision into standard, ambition into achievement, and promise into reality.
2022
Company founding
The company was established to develop, build and operate its own renewable energy assets.
April 2023
Kaloyanovo Photovoltaic Power Plant
Commissioning of the plant
August 2023
Galabovo Photovoltaic Power Plant
Commissioning of the plant
May 2024
Karlovo Photovoltaic Power Plant
Commissioning of the plant
September 2025
BESS Galabovo
Commissioning of the plant - phase 1
September 2025
BESS Kaloyanovo
Commissioning of the plant - phase 1
September 2025
BESS Karlovo
Commissioning of the plant - phase 1
May 2026
BESS Karlovo
Commissioning of the plant - phase 2
May 2026
BESS Galabovi
Commissioning of the plant - phase 2
May 2026
BESS Kaloyanovo
Commissioning of the plant - phase 2
Our goal
We believe that clean energy is not just a technological solution, but a strategic choice for economic stability, energy independence, and a sustainable future.
Our goal is to develop and manage energy assets that contribute to the creation of a reliable, efficient, and sustainable energy system in Bulgaria.
Our mission
01
Development of our own renewable energy assets, which ensure stability and predictability in the energy system.
02
Integrating modern battery solutions that support grid flexibility and efficiency.
03
Partnerships with local and international technology companies that accelerate the adoption of innovations.
04
A sustainable impact on society and the environment through transparency, corporate responsibility, and a long-term perspective.
Company values
Sustainability
Sustainability is a core principle in the development of our energy assets. We are committed to long-term efficiency, reducing emissions, and building a stable energy infrastructure. We integrate renewable energy generation and energy storage to support the development of the energy sector.
Innovation
We combine expertise and innovation to deliver more efficient and sustainable energy solutions. We apply cutting-edge technologies to optimize production, enhance system flexibility, and create long-term value.
Entrepreneurship
We encourage initiative in every aspect of our work. Our team seeks out new opportunities, adapts to market changes, and develops innovative solutions that deliver added value.
Integrity
Integrity and transparency are at the heart of everything we do. Trust is built through openness, clarity, and accountability in all business processes and relationships with partners, customers, and communities.
Team
Sunterra RE is a dynamically growing company in the renewable energy sector, with a clearly defined organizational structure and professional management. The company focuses on the development, construction, and operation of its own energy assets - photovoltaic power plants and battery energy storage systems - while also implementing innovative technologies and sustainable business practices.
Its organizational structure is designed to ensure fast decision-making, efficient asset management, and continuous communication across all levels of the company, while maintaining a high standard of corporate governance and transparency.
Boqn Karshakov
Chief Executive Officer (CEO)
Nikola Anev
Chief Financial Officer (CFO)
Miroslav Dinev
Chief Operating Officer (COO)
Blagovest Nachev
Operations & Maintenance Director
Sunterra RE is an active member of leading renewable energy industry organizations.
Our membership in these associations enables us to follow global trends, adopt best practices, and actively contribute to discussions on energy policy and the green transformation.
Sunterra RE fosters and develops partnerships focused on accelerating the green energy transition across Bulgaria and the European Union.
"We are not just building energy infrastructure — we are building the future we want to live in. We believe sustainability is not a goal, but a way of working. Every project we deliver is a step towards a cleaner and more reliable energy system. Responsibility towards future generations is at the core of every decision we make."