Business » Energy

Austria's Alpine Bau Dumps Bulgaria's Troubled Hydropower Project

Austria's Alpine Bau has withdrawn from the construction of Gorna Arda hydropower project in southern Bulgaria, leaving energy firm EVN the sole partner of the majority owner, dominant state power utility NEK.

Business » Energy | May 16, 2010, Sunday // 15:01 | Viewed: 3097

Gazprom Executives Slam Bulgaria before Watching AC/DC Gig

Senior Gazprom executives criticized Bulgaria in a press briefing in Sofia on Friday over delays in the realization of the South Stream gas transit pipeline project.

Business » Energy | May 14, 2010, Friday // 20:45 | Viewed: 4521

Siemens Wins Order for Heating Power Plant in Bulgaria

Siemens Energy has received an order from Bulgaria for erection of a combined cycle district heating power plant, the company announced.

Business » Energy | May 14, 2010, Friday // 11:50 | Viewed: 3017

Bulgaria May Lose Turkish Energy Market over Russian Deal

Bulgaria might lose Turkey as an electricity export market as a result of the energy deals that the latter has signed with Russia, an expert has warned.

Business » Energy | May 13, 2010, Thursday // 18:07 | Viewed: 2266

Bulgaria Floats 33% Stake in E.ON Utility

Bulgaria will list its 33% minority stake in E.ON, one of the three power distributors in the country, to enliven the local stock exchange and boost revenues, the economy and energy minister announced on Tuesday.

Business » Energy | May 11, 2010, Tuesday // 11:23 | Viewed: 2139

China Mulls Participation in Bulgarian Nuclear Power Plant - Report

China and Serbia are considering a joint participation in the project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene.

Business » Energy | May 10, 2010, Monday // 20:42 | Viewed: 3769

Power Supplier CEZ Invested BGN 17 M in Bulgaria Energy Network

Czech-owned power supplier CEZ is said to have invested BGN 17,1 M in the country's electricity distribution network since the beginning of 2010.

Business » Energy | May 10, 2010, Monday // 15:10 | Viewed: 2231

Enel Green Power Unveils Second Wind Farm in Bulgaria

Enel Green Power, renewable energy arm of Italy's biggest utility Enel, put into operation its second wind farm in Bulgaria, doubling its installed wind capacity in the country, which already totals 42 MW.

Business » Energy | May 10, 2010, Monday // 14:17 | Viewed: 4849

Bulgarian MEP Promises Restart of Troubled Hydro Plant Project

The construction of the Gorna Arda cascade in Southern Bulgaria will be resumed in 2 months, vowed Bulgarian MEP and nuclear energy expert Vladimir Urutchev.

Business » Energy | May 9, 2010, Sunday // 13:38 | Viewed: 2289

EBRD Extends EUR 30 M to Citygas Bulgaria

The EBRD Board of Directors has approved a EUR 30 M loan to Citygas Bulgaria, to finance the development of a gas distribution network in the south of the Bulgaria.

Business » Energy | May 7, 2010, Friday // 09:55 | Viewed: 2244

Romania Snubbed Bulgaria over N-Plant Offer

Bulgaria has reportedly unsuccessfully courted Romania as it angles for a new chief investor in its second nuclear power plant Belene to replace the German energy company RWE, which withdrew last autumn.

Business » Energy | May 6, 2010, Thursday // 16:37 | Viewed: 3272

Sofia City Hall Becomes Heating Utility Owner

Bulgaria's cabinet decided Wednesday to transfer the ownership of the troubled Sofia heating utility "Toplofikatsiya" to the City Hall, the Council of Ministers reports.

Business » Energy | May 5, 2010, Wednesday // 15:28 | Viewed: 1915

Bulgaria Energy Watchdog Slaps CEZ with New Billing Cycle Fine

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has fined again the power supplier CEZ over the delay in reinstatement of the monthly bills.

Business » Energy | May 4, 2010, Tuesday // 16:40 | Viewed: 2351

Bulgarian Business Warns against 'Renewable Energy Bubble'

Bulgaria's economy might suffer from the bursting of an emering bubble of renewable energy investments, according to the head of the Bulgarian Industrial Association, Bozhidar Danev.

Business » Energy | May 3, 2010, Monday // 20:25 | Viewed: 3442

Real States to Build EUR 200 M Photovoltaic Park in Bulgaria

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.

Business » Energy | May 3, 2010, Monday // 15:17 | Viewed: 3242

Putin Calls for Merger of Russia’s Gazprom, Ukraine's Naftogaz

Russian Prime Minister Vladimir Putin has proposed the merging of Gazprom and Ukraine's state gas monopoly Naftogaz.

Business » Energy | April 30, 2010, Friday // 18:40 | Viewed: 4230

Wind Energy Giant Suzlon Targets Bulgaria Growth

Wind turbine giant Suzlon has revealed that it has formed a joint venture with Volkswind Bulgaria in a bid to increase its growth in the Bulgarian wind energy market.

Business » Energy | April 28, 2010, Wednesday // 14:43 | Viewed: 3765

Putin: Russia, Italy Grant France's EDF Up to 20% of South Stream

French energy company Electricite de France may have a share of up to 20% of the South Stream gas transit pipeline, Russian PM Vladimir Putin announced.

Business » Energy | April 26, 2010, Monday // 18:41 | Viewed: 3901

Bulgaria's New Gas Deal Talks with Russia Grind to a Halt

The negotiations between Bulgaria and Russia for a new natural gas contract have come to a standstill, announced Dimitar Gogov, CEO of Bulgargaz.

Business » Energy | April 26, 2010, Monday // 18:25 | Viewed: 2798

Bulgaria Shuts Unit 5 of Kozloduy NPP for Repairs

One of the two functioning reactors of Bulgaria's Kozloduy nuclear plant, Unit 5, has been turned off for its scheduled annual repairs and refueling.

Business » Energy | April 26, 2010, Monday // 15:00 | Viewed: 1874

UK MEP Van Orden: Bulgaria Can Be Balkans' Energy Hub

The halting of Units 3 and 4 of Bulgaria's Nuclear Power Plant (NPP) "Kozloduy" will cost the European Union EUR 860 M by 2013, according to MEP, Geoffrey Van Orden.

Business » Energy | April 26, 2010, Monday // 13:43 | Viewed: 2436
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