Bulgaria one of three EU countries in reaching RES 2020 targets
Energy from renewable sources in gross final consumption in the European Union (EU) reached 15 % in 2013, compared with 8.3 % in 2004, Eurostat said. The share of renewables in gross final consumption of energy is one of the headline indicators of the Europe 2020 strategy. The target to be reached by 2020 for […]
Incentives stay only for operational wind and solar facilities
Bulgaria’s parliament scrapped preferential prices for new renewable energy installations on February 26, as the country is struggling to cut deficits in the energy sector and keep a lid on consumers’ utility bills, Euractiv reported. Wind power farms and photovoltaic parks mushroomed in 2011, after Bulgaria introduced generous subsidies for renewable energy, guaranteed for 20 […]