Germany Urges Swift EU Accession for Western Balkan Countries
German Foreign Minister Annalena Baerbock has issued a compelling call for the expedited integration of candidate countries from the Western Balkans into the European Union
Austrian energy concern Verbund is selling its wind park at Bulgaria's Black Sea coast, the concern said in a statement Thursday.
A subsidiary of the Bulgarian financial company called Inovent Holding AD is to purchase the wind turbines.
The park's turbines have a total power of about 16 MW, producing electricity for 14 000 households.
Both companies have agreed to remain silent about the price tag.
Their transaction is expected to be closed by the end of this year.
Verbund is thus pulling out of the Bulgarian market after opting to leave those of Italy and France.
The company said in it statement its moves are part of a shift in strategy to focus on Austria and Germany, its core markets.
At the same time the company has long considered its business in Bulgaria and Romania unprofitable due to low whosale prices of energy sunk to EUR 7.2 M in Q3, from the previous EUR 62.4 M.
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The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022