European Commission Grants Greece 1 Billion Euros for Renewable Energy Projects
With the aim to bolster renewable energy infrastructure, the European Commission has greenlit funding of 1 billion euros for two key projects in Greece
US solar power developer Premier Power Renewable Energy Inc. has announced it has started construction on a new 16.2-megawatt plant in the Southern Bulgarian town of Dimitrovgrad.
The project is scheduled to be completed in the second quarter of 2012. It's being built on a former coal mine in a joint venture with the engineering/design firm Plaan Czech.
The project represents a more than 75% increase in the country's solar capabilities since the beginning of 2011, when installed capacity was reported at approximately 21 MW.
"Our previous successes in Eastern Europe – a region few others have been able to effectively penetrate – are now enabling us to capture significant market share in Bulgaria," said Bjorn Persson, executive vice president of European operations at Premier Power, as cited by Sacramento Bee.
Premier Power Renewable Energy is a solar power company providing solar panel systems for commercial, agricultural, industrial, government, utility and residential customers.
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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