Economy / Energy
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European funding for drilling in Chiren is under question
Due to the delay in implementing the project to expand the Chiren gas storage facility through drilling, European funding for it is now under question
Hong Kong’s UEG bought the project for one of the largest solar parks in Bulgaria
United Energy Group (UEG) has successfully completed the acquisition of 100% of the capital of the Bulgarian company Green Profit EOOD
Maritsa Iztok 3 TPP is analyzing possible usage of batteries and gas
There are ongoing analyses on how the Maritsa Iztok 3 thermal power plant (TPP) should develop after it ceased operations in February 2024 when
1,300 MW of new renewable power capacities have joined the Bulgarian grid this year
The Energy and Water Regulatory Commission (EWRC) has issued licenses for 1,300 MW of new renewable energy projects in the first 10 months of this year alone
Tomorrow's energy: Bulgaria is on the threshold of a renewable energy batteries revolution
Renewable energy resources are not a technology of the distant future – wind and solar generation are here and meet a significant part of current energy demand
Siemens could provide the turbines for the 7th unit of the Kozloduy NPP
Preliminary talks are underway with the German company Siemens to supply the turbines for the future seventh unit of the Kozloduy NPP
Bulgaria extended its contract with Westinghouse for the new nuclear units
The project company Kozloduy NPP - New Capacities and Westinghouse Electric Company have signed an annex to the previous contract for the construction