Energo-Pro upgrades 280 MW hydropower plant in Turkey with PV park
Energo-Pro built a 40 MW photovoltaic system in eastern Turkey and integrated it with its Alpaslan 2 hydroelectric plant of 280 MW
Bulgaria’s IBEX launches guarantees of origin market
The first four participants registered last month at the guarantees of origin platform of the Independent Bulgarian Energy Exchange (IBEX)
Bulgarian water and sewerage utilities face bankruptcy due to high electricity prices
The government and regulatory authorities are trying to find the solution, but for now they have different views on the issue
Litostroj to deliver equipment for hydropower plant Mokrice in Slovenia
Turbines producer Litostroj Power has signed a EUR 19 million contract with Slovenia’s power utility Hidroelektrarne na Spodnji Savi (HESS), part of the GEN Group, to supply equipment for future hydropower plant Mokrice. Litostroj Power, subsidiary of hydropower utility Energy-Pro Group from the Czech Republic, will deliver three horizontal Bulb units with a runner of […]
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. […]
Public supplier turns to court for electricity debt
National Electricity Company (NEK), Bulgarian government-controlled utility, initiated arbitration and cases in commercial courts against companies EVN Elektrosnabdiavane, ČEZ Electro, and Energo-Pro Sales, which supply power to consumers. Energy minister Temenuzhka Petkova revealed information about the disputes in parliament in an answer to an opposition lawmaker, Mediapool reported. The companies are subsidiaries of Austrian EVN […]
Producers, Associations establish National Energy Chamber
Legitimate representation and protection of the interests of the energy companies in Bulgaria are the leading priorities of the newly founded National Energy Chamber (NEC). Its establishment was officially announced during an energy event organised by Economedia in Bulgaria’s capital Sofia on March 22, Publics.bg portal reported. It groups renewable and conventional energy producers and […]
Litostroj sold to Czech investors, beating Končar
Energo-Pro a. s. is taking over Slovenian turbine manufacturer Litostroj Power d. o. o. for EUR 23.5 million, ČIA News reported, quoting spokeswoman Hana Hikelová. Litostroj Power has posted net revenues exceeding EUR 32 million for last year. It signed contracts worth more than EUR 70 million, 58% being in Europe, 20% in America, 13% […]