Bulgaria to use EUR 1.5 billion from EU recovery fund for energy efficiency
Minister Petya Avramova says the energy efficiency segment of the Recovery and Resilience Plan of Bulgaria would be worth EUR 1.53 billion
Bulgarian municipalities advised on possibilities for energy communities
An energy transition training session was organized for Bulgarian municipalities to highlight the potential benefits of energy communities
Bulgaria asks help from European Commission to phase out coal
Bulgarian Prime Minister Boyko Borisov asked the European Commission to help countries in the CEE region to phase out coal
Bulgaria’s NECP: EUR 42.7 billion in investment needed to meet 2030 goals
Bulgaria said in its National Energy and Climate Plan (NECP) that it targets zero greenhouse gas emissions for 2030
MET Group buys 42 MW wind farm in Bulgaria from Enel
Switzerland-based energy company MET Group has signed an agreement to buy a 100% stake in a 42 MW wind farm in Bulgaria from Italian Enel Green Power, the renewable energy arm of Enel Group, and expects to close the transaction by the end of 2020. The acquisition of Bulgaria’s 5th largest wind farm is part […]
Bulgaria to add 2.65 GW of renewables capacity by 2030
In its draft Sustainable Energy Development Strategy until 2030 with a 2050 horizon, Bulgaria doesn’t envisage the shutdown of its coal power plants. The government said efforts would be made in green energy, innovation, energy efficiency, nuclear sources and gas to ensure energy security. Within the decarbonization push, Bulgaria revealed a goal of installing 2.65 […]
Bulgaria: all companies set to enter the free electricity market from 1 October 2020
Authors: Dimitar Zwiatkov, partner and Maria Harizanova, associate at CMS Bulgaria On 1 October 2020, all non-residential electricity customers in Bulgaria, which are connected to the low-voltage electricity distribution network must start buying electricity from the free market on freely negotiated rates. How would the supply of electricity change for them after 1 October 2020? Background Currently, Bulgaria is […]
Enery BG 1 plans to build 400 MW solar power plant in southern Bulgaria
Austrian-owned Enery BG 1 Ltd. plans to build a solar power plant in the municipality of Haskovo in southern Bulgaria, with an installed capacity of 400 MW. The intention is for Enery BG 1’s photovoltaic (PV) power plant to span a total area of some 400 hectares. Its projected annual output is 560 GWh of […]