Sunotec secures financing for Bulgarian BESS, renewables portfolio
The projects for standalone battery energy storage systems are part of the government's RESTORE program, according to Sunotec
Greek firms start construction of 840 MW gas plant in Alexandroupolis, target Balkans for power exports
PPC, DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in Greece
IGB, Alexandroupolis LNG to help gas diversification in Bulgaria, Greece, Western Balkans
New natural gas infrastructure is key for increased diversification in the Balkans, according to Alexander Nikolov
WindEurope: 880 MW of wind projects financed in Southeastern Europe last year
Southeastern Europe lags behind the rest of the continent in terms of investments in wind energy, says WindEurope
Bulgarian PM proposes electricity transmission JV with Montenegro, possibly Serbia
Bulgarian Prime Minister Boyko Borissov has proposed for Bulgaria and Montenegro to set up a joint venture for electricity transmission, possibly with participation from Serbia, according to local media. Borissov, who made the proposal during his recent visit to Montenegro, where he met Montenegrin Prime Minister Duško Marković and other officials, was quoted as saying […]
Bulgaria and Greece will soon be connected by new transmission line
A new overhead electric line will soon connect Greece and Bulgaria. This new single circuit 400kV interconnection line between the substations Maritsa East in Bulgaria and Nea Santa in Greece will be of approximately 150 km in length. According to the Bulgarian Deputy Minister of Regional Development and Public Works, Valentin Yovev a detailed development […]
Bulgarian PM has accepted Energy Minister resignation over CEZ deal
Bulgarian Prime Minister Boyko Borisov accepted the resignation of Energy Minister Temenuzhka Petkova who decided to quit her position in order to avoid all doubts about her possible influence in the CEZ deal. Earlier last week, Czech power utility CEZ agreed to sell its Bulgarian assets to the Bulgarian company Inercom, the small family-owned business […]
EC asked Bulgaria to comply with Third Energy Package
Arguing that Bulgaria has not transposed Third Energy Package electricity and gas directives into its national legislation, the European Commission asked Bulgaria to comply with the legislative package and correctly implement two directives concerning the common rules. Bulgaria now has two months to transpose the directives into its national legislation. Otherwise, the Commission may decide […]