Send to Kindle
@AES Bulgaria
In September, the largest wind farm in Bulgaria registered growth in green energy generation of 13% compared to August
In the first nine months of 2022, St. Nikola Wind Farm registered an increase of 7% in energy generated compared to the same period in 2021. From January to end-September 2022, St. Nikola’s turbines provided 270 115 MWh of clean energy to Bulgarian customers.
Only in September, the wind park generated 23 495 MWh of electricity which is 13% more than in August.
St. Nikola Wind Farm is owned by AES Bulgaria and the investment in the project amounts to BGN 540 million. In December 2021, AES Bulgaria secured a EUR 64 million credit facility, consisting of EUR 32 million from the European Bank for Reconstruction and Development (EBRD) and EUR 32 million from two commercial banks. The package includes refinancing of the remaining exposure on a previous loan and a new commitment of EUR 16 million. With its 52 turbines, the wind farm has an installed capacity of 156 MW and represents over 20% of the total installed wind capacities in Bulgaria. The wind farm supports the fulfillment of Bulgaria’s commitments before the EU for a share of RES in the total energy mix. St. Nikola facility represents a major step forward toward Bulgaria’s goal of achieving a cleaner energy future and increasing Bulgaria’s capacity in the production of renewable energy.
About AES Bulgaria
AES is the largest investor in the energy sector in Bulgaria. The company owns and operates the newest and most advanced thermal power plant in South Eastern Europe, AES’ TPP in Galabovo, and is the majority owner and operator of the largest wind farm in the country, “Saint Nikola” near the town of Kavarna.
To learn more, visit www.aesbulgaria.com. Follow AES Bulgaria on Facebook here: @AESBG and Youtube: AES Bulgaria.
Follow Novinite.com on Twitter and Facebook
Write to us at editors@novinite.com
Информирайте се на Български - Novinite.bg
The 2024 Human Freedom Index (HFI), compiled by the Cato Institute and the Canadian Fraser Institute, evaluates personal and economic freedoms across 165 countries
In 2024, Bulgaria’s electricity sector faced significant challenges, with a sharp decline in exports and a rise in domestic consumption
In late December, three migrant teens died in Bulgaria after being abandoned in the forest near the border with Turkey
The weather on January 15 is expected to be predominantly cloudy throughout Bulgaria, with occasional light snow showers, especially in the southern regions
On January 15, a ceremony at the Naval Headquarters in Varna will mark the handover of command of the Naval Mine Countermeasures Group in the Black Sea
Bulgaria has extended an offer to North Macedonia
Businesses in Bulgaria remain on high alert, described as "code yellow," due to persistently high electricity prices
Azerbaijan has temporarily suspended natural gas supplies to Bulgaria
KazMunayGas, the state-owned oil company of Kazakhstan, is reportedly taking part in a tender to acquire the Bulgarian-based refinery of Russian oil giant Lukoil
Residents of Lovech region staged a second protest over the extended electricity crisis that disrupted their holidays
At a closed session, the Energy and Water Regulatory Commission (EWRC) approved an average increase of 8.42% in electricity prices for household consumers
Starting January 1, 2025, new prices for gas distribution and supply will come into effect for customers of Overgas Networks
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
