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Bulgaria's economy minister will launch officially on Tuesday the construction works of a EUR 150 M, 45-megawatt solar park in central Bulgaria, near the city of Veliko Tarnovo.
SDN Co., a South Korean producer of power generators, solar modules and marine propellers, is building the photovoltaic park, which will be the biggest in the country.
EUR 20 M have already been invested in the solar power plant since August 2010.
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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.
The Bulgarian Photovoltaic Association, a NGO uniting solar energy producers, has demanded the resignations of the directors of the state-owned electricity companies over "serious problems in the management of the energy system".
Serbia has approved a plan proposed by the Securum Equity Partners company to start building a solar park next April that could make it one of the largest in the world when completed.
Saudi Arabia-based water and power project developer Acwa Power has acquired a 42% stake in a solar photovoltaic power plant in Bulgaria's Karadzhalovo.
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
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
