Bulgaria’s NEK reports net loss in H1, to cancel some projects
Power utility Natsionalna Elektricheska Kompania (NEK) reported a BGN 74 million (EUR 37.8 million) net loss for the first six months of the year, according to the interim financial report published on the website of the Ministry of Finance, the Bulgarian media reported. The company said that due to poor financial results some investments will […]
China’s Sunpower to design biomass power plant in Bulgaria
A subsidiary of China’s environmental protection solutions company Sunpower Group will design a biomass power generation facility in Bulgaria, according to a press release from the Chinese company. The subsidiary, Shandong Yangguang Engineering Design Institute Co., Ltd., will design a facility with a power generation capacity of 16MW, using waste from the pulp production process […]
Antitrust watchdog blocks CEZ deal with Inercom
Bulgaria’s antitrust regulator has blocked the sale of Czech energy group CEZ’s assets in Bulgaria to Inercom Bulgaria, local media reported, adding that India Power Corporation could be a possible new buyer. CEZ is seeking to sell its seven companies in Bulgaria which control one-third of the country’s power distribution. The Commission for the Protection […]
Measures to tackle air pollution inefficient, financing inadequate – analysis
An analysis of the National Audit Office (NAO) identifies the inefficiency of measures and the inadequacy of financing as key reasons for poor results in tackling air pollution in Bulgaria. The NAO analysis is part of a collective audit by 15 audit offices in the region and the EU, covering the period from 2014 to 2017. […]
Energy efficiency measures save 5,056.3 GWh in Bulgaria
Between 2014 and 2017, Bulgaria saved 5,056.3 GWh of energy as a result of the implementation of energy efficiency measures in all sectors of its economy. The country has reached 60.7% of its 2020 national energy savings target, local media reported. The result was published in the annual report on the implementation of the National […]
Sofia launches work on Green City Action Plan – EBRD
Sofia has started working on its Green City Action Plan (GCAP) to identify environmental challenges and actions to address them, the European Bank for Reconstruction and Development (EBRD), which is helping the Bulgarian capital produce the GCAP under its Green Cities Framework (GrCF), said in a news release. A coalition of nine doctor and health […]
Doctors and patient groups launch Unmask My City initiative to clean up Sofia’s air
A coalition of nine doctor and health organisations has joined the global Unmask My City initiative, calling for greater urgency in achieving clean air in Sofia, Unmask My City (UMC) initiative said in a statement, adding that the Bulgarian capital is one of the most polluted cities in the whole European Union (EU). According to […]
Bulgaria to set up 10 hydrogen fueling stations by 2025
Ten hydrogen vehicle fueling stations will be installed in Bulgaria by 2025, Deputy Minister of Transport, Information Technology and Communications Anguel Popov has announced. The construction of the stations is envisaged under the national program for alternative fuel markets. Popov also said that the possible locations for the hydrogen fueling stations are being examined and […]