Building Eastern Europe's
green hydrogen future
The site of our new project
„Geo Restart Power Plant“
Project
The approach: constant electricity supply for production without downtimes
Project Dimensions
Phase I
RESOURCE AVAILABILITY
up to
600 MW
wind energy (Vestas V172 – 7.2 MW)
up to
400 MW
of energy storage
up to
45 000 T
H2 yearly production
up to
400 MW
solar energy (own plants & PPA)
up to
400 MW
electrolyzer capacity
up to
1000 T
H2 storage
7-7.5 m/s
windspeed at hub height
3000-3100 H/A
full load hours/year
1350-1450 H/A
full load hours/year
Location
favorable wind, solar and water resources
proximity to transport corridors via the Danube river from the Black Sea to the North Sea
proximity to existing and planned pipelines to Central Europe
Transporting hydrogen via a gas pipeline system
is the most cost-effective transportation solution
Existing gas infrastructure of Bulgaria is
in proximity
to the project
Retrofitting of the
existing gas transmission network
for H2 / natural gas blends
new dedicated H2 infrastructure
for transmission of pure hydrogenPipeline transport -> European hydrogen backbone
32
energy infrastructure operators enabling the development of a pan-European renewable and low-carbon hydrogen market
repurposing current pipeline
and newly built H2 infrastructure
Newly planned pipeline for
2030
will be constructed very close to proposed project site
Nevertheless, as we are aware of the challenges, we are open to other transport solutions
Liquefied H2 (LH2)
Ammonia (NH3) or Methanol (CH3OH)
Liquid Organic Hydrogen Carriers (LOHC)
Team
This is our second large-scale venture in the renewable energy sector
Our team has the proven expertise across the full project lifecycle
Dipl.-Ing. Thomas Funke
Architect, investor and visionary with a strong belief in renewable energy.
Initiator, owner and partner of multiple large-scale real estate and wind energy projects in Germany, Bulgaria and Poland.
Eng. Dimitar Hristov
35+ years of experience in the construction and engineering industries.
For the past 20+ years, he has been the Managing Director of Geo Power Ltd., responsible for the development, construction and operation of several RES projects in Bulgaria.
Kamen Tcholov
25+ years of experience in the
legal industry.
For the past 20+ years, he has been Partner and Managing Partner of a leading law firm in Bulgaria and has a vast experience in the field of energy law with a focus on renewable energies, as well as in corporate and M&A deals structuring.
Dipl.-Ing. Rolf Engelbrecht-Schnür
30+ years’ experience from the oil & gas and renewable energy sector for Shell, TenneT TSO and RePower AG.
Leading positions for international
big and medium-sized corporations from the solar, wind and geothermal energy sectors.
ADVISORS:
Prof. Dr. Pavel Zehtindzhiev
Leading Ornithologist with 80+ publicationsAssoc. Prof. Yordan Yordanov
Geologist with 100+ scientific publications; Advisor to the Parliamentary Commission on Energy for 8 yearsProf. Markwart Kunz
Chemist, former member of the board of Südzucker AG
370 000 MWh
produced in 2023
Equals the consumption of 200 000 households
Our previous venture continues to be the largest of its kind in Bulgaria
156 MW
installed capacity
52
Vestas V90 3.0 wind turbines
Investment: € 270 000 000
Timeline
Project Geo Restart Power Plant
January 2023 – December 2028
