Wrecked pumped storage hydropower plant Chaira gets one unit back online
One of four units in the Chaira pumped storage facility is back on the grid, the first repaired after the entire system crashed in 2022
Bulgaria to replace broken turbines in Chaira pumped storage hydropower plant
Bulgaria's NEK launched a tender for the supply and replacement of two out of four turbines in pumped storage hydropower plant Chaira
Nuclear energy sector expanding to supply data centers, high-tech industries
Nuclear technologies will have a broader role than traditional grid electricity supply, the World Nuclear Association's Director General Sama Bilbao y León said
ContourGlobal fires almost all workers from its coal plant in Bulgaria
The open market crushed the ContourGlobal Maritsa East 3 coal-fired power plant, which has been offline since February
Bulgaria needs EUR 102 million to repair pumped storage hydropower plant
The upcoming reconstruction of the Chaira pumped storage hydropower plant, which is out of order, is expected to be completed in 2025
Bulgaria establishes state-owned green energy company
Natsionalen energien operator or NEO is a new firm within the Bulgarian Energy Holding tasked with green energy and storage projects
Massive hike in electricity prices prompts state measures in Bulgaria
Three subsidiaries of state-owned power utility Bulgarian Energy Holding EAD (BEH) will provide an additional amount of electricity on the day-ahead market (DAM) of the Independent Bulgarian Energy Exchange (IBEX) in order to stabilize the market. According to local media, the DAM prices increased 50% in December 2018 compared to December 2017, skyrocketing 200% year-on-year in […]
BEH gets EBRD’s financial backing to help with energy market liberalization
State-owned energy company Bulgarian Energy Holding (BEH) has secured a EUR 100 million investment from the European Bank for Reconstruction and Development (EBRD) in its seven-year EUR 550 million bond issuance to refinance an earlier bond under better terms, in what will improve its financial structure and is expected to help with the country’s energy […]