Spanish Ingeteam opens subsidiary in Bulgaria to provide services to renewables market
Spanish company Ingeteam, specialized in power technologies and operation and maintenance services, has opened a subsidiary in Bulgaria to support the renewables sector, the company announced, adding that its personnel performs maintenance work at the country’s largest photovoltaic plant. In Bulgaria, Ingeteam is present in the wind power market, and is responsible for the maintenance […]
EVN suspends construction of hydropower plants in Bulgaria
Austrian energy company EVN suspended its plans for the implementation of a 170 MW hydropower project in Bulgaria. Further implementation of Gorna Arda hydro power project is not realizable in the current environment due to changed energy policy conditions in Bulgaria, the company said in its latest business performance report. EVN says that impairment losses […]
Bulgaria might lose project funding due to public procurement complaints
Bulgaria is facing the risk of losing funds for the implementation of two environmental projects, because of complaints about public procurement procedures. The two projects, worth a total of EUR 2.2 million, are being implemented by the Bulgarian Executive Environment Agency (ExEA), and must be completed by May this year. So far only BGN 900.000 […]
Bulgarian NEK and Austrian EVN agree on debt settlement
Austrian energy company EVN and the Bulgarian National Electricity Company (NEK) reached an agreement to settle a debt worth BGN 192 million (EUR 98,2 million). The settled amount remains unknown, but EVN said in a statement that the agreement will increase its net income by EUR 38 million in the second quarter of this year. […]
Aytos to build waste water treatment plant for EUR 7.6 million
The town of Aytos in Bulgaria announced a tender for the construction of a waste water treatment plant and supporting infrastructure with a total value of BGN 14.8 million (EUR 7.6 million). The plant construction contract is worth EUR 6.6 million, while the infrastructure contract is worth around EUR 973.000, the town authorities said in […]
Nikolay Pavlov named Bulgarian minister of energy
Further liberalization of the electricity market and diversification of sources and routes of energy resources will be the main priorities of new Bulgarian minister of energy Nikolay Pavlov. Pavlov, who took over the position from Temenuzhka Petkova, said that the main purpose of his work will be to maintain the stability of the country and proper […]
GS-Solar plans to build a panel factory in Bulgaria
Chinese solar panel manufacturer GS-Solar plans to invest in a new manufacturing plant in Bulgaria, the government in Sofia announced. GS-Solar CEO Chao Hui Lin met with prime minister Boyko Borissov and his deputy Tomislav Donchev in Sofia to discuss investment opportunities, the Bulgarian media reported. GS-Solar produces thin film solar modules based on amorphous […]
Bulgarian and Chinese companies to build waste-to-energy plants in UK
The Bulgarian-based company Ebioss Energy signed a deal with Energy China to build two waste-to-energy plants in the UK worth EUR 170 million in total. The waste-to-energy plants will be located in Newcastle and Hull, United Kingdom, Ebioss Energy stated in the press release published on the Spanish alternative stock exchange MAB where it is […]
