Bulgaria Leads EU in Construction Growth for 14th Straight Month
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.
The Bulgarian government is planning to re-introduce feed-in tariff payments for rooftop PV for a year, in a move which could revive the nation’s solar sector after years of limited growth.
The 12-month scheme, yet to be adopted by the energy and water regulator, would come into force at the beginning of next month and expire at the end of June next year, according to Anton Zhelev, board member of the Bulgarian Solar Association.
Under the draft plan, a tariff of BGN238.07/MWh (€121.72) would be applied to rooftop PV installations not exceeding 5 kW in size, and payments of BGN198.27 would be set for 5-30 kW systems.
Zhelev told pv magazine the proposed incentive is not expected to feature a cap on capacity. “The tariffs will be discussed by the regulator, Kevr, on June 8 and the Bulgarian Solar Association will participate in the meeting of the regulator to provide an opinion,” he said. “The final decision will be up to the regulator and will not require the approval of parliament or government.”
Bulgaria had 1,065 MW of solar generation capacity at the end of 2019, according to the International Renewable Energy Agency. In the past seven years, however, lack of incentives has seen only 53 MW of new solar added./PV Magazine
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase