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Bulgarian company Real States has given the go-ahead to the construction of an 80 MW photovoltaic energy park worth some EUR 200 M near the southern city of Pazardzhik.
The project will be funded by unnamed European commercial banks and is expected to create 250 jobs. The park is scheduled to be constructed in three phases up to 2014 and will spread over an area of 2000 decares.
The first-stage of the project envisages the opening of a photovoltaic facility with a nominal capacity of 1150 KW.
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A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
There are no special permits and licenses for the construction of small photovoltaic plants for own needs up to 10 kilowatts
There is no threat of power outages in Bulgaria, according to one of the former Energy and Economy Ministers, Traicho Traikov.
Rural areas in Bulgaria are reporting peak interest in subsidized projects for the construction of photovoltaic systems.
Electricity bills in Bulgaria will go up by 10% as of July 1, 2012, because of the green energy charges paid by consumers, according to Angel Semerdzhiev, head of the State Commission for Energy and Water Regulation (DKEVR).
The preferential prices for purchasing energy from renewable sources will be reduced from July 1, 2012, according to Angel Semerdzhiev, Chair of the State Commission for Energy and Eater Regulation (DKEVR).
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
