Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Invest Bulgaria News Directory
Bulglarian Renewable Energy Sector News
(67 Bulglarian Renewable Energy Sector News Stories Found)

  FEATURED NEWS    

BULGARIA TO START NABUCCO IN JUNE 2013
(12/01/2013)

Topics: Renewable Energy

Bulgaria to Start Nabucco in June 2013 (Sofia, Jan 11) - The construction of the Bulgarian section of the Nabucco pipeline will start in June 2013, Prime Minister Boyko Borisov informed at the first ministerial meeting of the project in 2013 in Sofia. As the current head of the rotating presidency of the project, Bulgaria is calling for fix deadlines, the PM said. By June Bulgaria will have all the construction permits and mining companies from the "Shah Deniz-2" field will decide...


CONSTRUCTION OF NPP KOZLODUY'S SEVENTH REACTOR TO START IN 2016
(12/01/2013)

Topics: Renewable Energy

Construction of NPP Kozloduy's Seventh Reactor to Start in 2016 (Sofia, Jan 12) - "The first sod of NPP Kozloduy's seventh reactor will be turned in 2016," Bulgaria's Economy and Energy Ministry Delyan Dobrev said. His statement was also supported by Sergey Tsochev, chairman of Bulgaria's Nuclear Regulatory Agency. "The preparation of the necessary analyses and documents regarding the selection of a site for NPP Kozloduy's seventh reactor is to be completed in the second half of...


NPP KOZLODUY TO SELL ELECTRICITY ABROAD WITHOUT INTERMEDIARIES
(12/01/2013)

Topics: Renewable Energy

NPP Kozloduy to Sell Electricity Abroad without Intermediaries (Sofia Jan 5, 2013) - The management of Bulgaria's NPP Kozloduy will apply to the State Energy and Waters Regulatory Commission for a full license to sell its electricity to end-users abroad, NPP Kozloduy CEO Valentin Nikolov said. Presently, NPP Kozloduy uses intermediary companies to sell its output to end-users in several EU member states, including Germany and Austria. "At the beginning of next week I am going to...


BULGARIA HAS SECURED A ONE-YEAR EXTENSION ON BELENE LOAN
(12/05/2012)

Topics: Renewable Energy

Bulgaria has secured a one-year extension to repay the 250 million euro bridge loan arranged by BNP Paribas to fund preliminary work on the planned Belene nuclear power plant on the Danube River, Economy Minister Delyan Dobrev said on May 7, as quoted by Focus news agency. The option to postpone the due date was contingent on securing 55 million euro for immediate repayment of the amounts loaned by Belgium's Dexia and Japanese bank Mizuho. The funds will be provided to state electricity...


BULGARIA'S LARGEST SOLAR PARK FOR SALE
(13/01/2013)

Topics: Renewable Energy

Sun Edison this week sold Bulgaria's largest solar park to a consortium of investors for ?142m. The 60.4-megawatt Karadzhalovo solar park in southern Bulgaria began operating in March and cost ?144m, according to the International Finance Corporation, which helped fund the project....


BULGARIA BECOMES SECOND STATE TO IMPOSE BAN ON SHALE-GAS EXPLORATION
(14/02/2012)

Topics: Renewable Energy

Shukri Hussein was only 23 when he first bought some land, with a friend, to start a farm at Praventsi, a village close to Novi Pazar, in north-east Bulgaria. Ten years later the biology graduate heads a 110-hectare organic farm with a workforce of 35. He was pleased with what he had achieved and had no intention of letting anyone spoil his dream. At the beginning of January he joined thousands of others to protest against plans to explore the huge shale-gas reserves in his region. Their...


RUSSIA STRIKES BACK AT BULGARIA OVER BELENE NPP PRICE, RWE QUITTING
(22/01/2013)

Topics: Renewable Energy

The proposed price for the construction of two 1000 MW units of what was supposed to become Bulgaria's second nuclear power plant, Belene, was EUR 6.3 B, not EUR 10 B, as Bulgarian Prime Minister Boyko Borisov claims, Russian state company Rosatom stated on Tuesday. The reaction of the Russian firm, whose subsidiary Atomstroyexport was supposed to build the Belene NPP before the Borisov Cabinet terminated it almost a year ago, comes after on Monday the Bulgarian government revealed secret...


BULGARIA'S MILITARY PLANT WORKERS GET PAY, CALL OFF STRIKE
(25/01/2013)

Topics: Renewable Energy

Nearly BGN four million have been wired Friday for salaries of workers at Bulgaria's State-owned arms manufacturer, VMZ Sopot. The news was announced by Prime Minister, Boyko Borisov, at an emergency briefing at the Council of Ministries building. He declared the workers will receive the entire amount of their overdue pay. It was further reported that Borisov is meeting Friday with the Presidents of the two main trade unions in the country – Konstantin Trenchev of the Confederation of...


BULGARIAN WATCHDOG SNUBS EC SANCTIONS OVER ENERGY RULES
(25/01/2013)

Topics: Renewable Energy

Bulgaria's State Commission for Energy and Water Regulation, DKEVR, has already adopted one of the Electricity and Gas Directives, requested by the European Commission. The statement was made Friday by the DKEVR Chairman, Angel Semerdzhiev. It was reported Thursday that EC is referring Bulgaria, Estonia and the United Kingdom to the Court of Justice of the European Union for failing to fully apply the EU internal energy market rules. According to the EC's press office, to date...


21.8% TURNOUT IN BULGARIA'S NUCLEAR REFERENDUM, 61% SAY 'YES' - POLLSTER
(27/01/2013)

Topics: Renewable Energy

A total of 21% of the eligible voters cast their votes in Bulgaria's nuclear energy referendum on Sunday, according to data from the 100% completed parallel vote count by polling agency Alpha Research. The agency said this meant about 1.4 million voters cast their votes in Bulgaria on Sunday; of those, 61% voted in favor of the construction of a second nuclear power plant, and 39% voted against. The Bulgarian citizens were supposed to answer "yes" or "no" to the following question:...


BULGARIA FINMIN: PES LEADER MUST RESIGN OVER REFERENDUM
(27/01/2013)

Topics: Renewable Energy

PES and Bulgarian Socialist Party chair Sergey Stanishev should resign over the outcome of Sunday's referendum on nuclear energy in Bulgaria, stated Minister of Finance Simeon Djankov. As results from exit polls come in, political leaders have engaged in a heated battle of interpretations on the outcome. Some 60% of ballots cast answered positively to the referendum question - whether Bulgaria needs a new NPP - the position supported by the Bulgarian Socialist Party. The turnout is...


BULGARIAN EX-EU COMMISSIONER PROPOSES MORATORIUM ON BELENE NPP
(02/10/2012)

Topics: Renewable Energy

The Bulgarian government should impose a moratorium on the Belene NPP project until an overall energy strategy is drafted, according to Meglena Kuneva, former EU Commissioner and leader of the Bulgaria for Citizens party. She says that the fact that the center-right ruling party GERB and the Bulgarian Socialist Party (BSP) have reached consensus on the matter raises suspicion. Kuneva suggests that the actual goal of the referendum is to tie the next government down to a...


BULGARIAN RIGHT WING CHALLENGES BELENE NPP REFERENDUM
(05/10/2012)

Topics: Renewable Energy

The right-wing Blue Coalition has requested from Bulgarian President Rosen Plevneliev and Chief Prosecutor, Boris Velchev, to ask the Constitutional Court to elaborate on the upcoming referendum on the fate of the Belene Nuclear Power Plant project. The Blues insist the Court must have a say in explaining the law before the Parliament passes the decision, the Bulgarian online news agency Dnevnik reports. According to the law, the Constitutional Court must act on the request of at least...


BULGARIAN RIGHT-WINGERS: N-PLANT REFERENDUM IS PROVOCATION
(12/10/2012)

Topics: Renewable Energy

The upcoming referendum on the fate of Bulgaria's Belene Nuclear Power project is a provocation made by the Bulgarian Socialist Party (BSP), according to the right-wing Blue Coalition. "In our opinion, the referendum is a deliberate provocation made by BSP," Blue Coalition co-chair Martin Dimitrov told reporters on Friday. According to Dimitrov, the left wingers are fully aware that the question they have posed for the referendum is anti-constitutional. As the Blue Coalition has pointed...


BULGARIAN PRESIDENT CALLS BELENE NPP CONSULTATIONS
(12/10/2012)

Topics: Renewable Energy

Bulgarian President Rosen Plevneliev is holding Friday political consultations for the upcoming referendum on the fate of the project to build a second Nuclear Power Plant in the Danube town of Belene. Plevneliev is convinced that the referendum is a test for democracy and must be held. The consultations will include parliamentary represented political parties in an attempt to reach consensus on the wording of the question to be asked. They will be held in the Presidential building,...


BULGARIAN RULERS: REFERENDUM TO PROVE N-PLANT'S FUTILITY
(19/10/2012)

Topics: Renewable Energy

The upcoming referendum on the fate of Bulgaria's Belene nuclear power plant will prove that the project is pointless, according to Interior Minister Tsvetan Tstevatov. On Friday, Tsvetanov reiterated that the former socialist-led three-way coalition would have fulfilled the project if it was favorable for Bulgaria. "They had the executive power, they had the legislative power, they had the presidential power...but they knew what the dangers were," he told reporters, referring to the...


BULGARIAN REFERENDUM TO BE ORGANIZED AS GENERAL ELECTION
(04/11/2012)

Topics: Renewable Energy

The vote in the January 27, 2013, national referendum on development of atomic energy in Bulgaria will be organized in the same manner as any election. The spokesperson of the Central Electoral Commission, CEC, Bisser Troyanov, explained at a press conference that the referendum will be held in adherence to the Election Code since the Act for Direct Participation of Citizens in the Rule of the State and in Local Rule was too "scarce" without any detailed regulations. The voters will...


BULGARIA GOING FOR 7TH KOZLODUY NPP REACTOR, ECONMIN SAYS AFTER REFERENDUM
(27/01/2013)

Topics: Renewable Energy

Bulgaria will "logically" go for building a seventh reactor at its existing NPP in Kozloduy, Bulgarian Economy Minister Delyan Dobrev commented Sunday on the results of the nation's referendum on the construction of a second nuclear plant. Bulgaria's referendum, which had a voter turnout of only 22%, with 61% voting in favor of the construction of a second nuclear power plant in Bulgaria, while 39% voted against, implicitly referred to the project for the construction of the 2000-MW Belene...


CEO OF BULGARIA'S KOZLODUY NPP: UNIT 7 MAY BE FUNCTIONAL BY 2020-2022
(28/01/2013)

Topics: Renewable Energy

Valentin Nikolov, CEO of the Kozloduy NPP, has said that a seventh unit at the plant could be functional by 2020 or 2022. In a Monday interview for Nova TV, he suggested that the project for building a seventh unit at the nuclear power plant in Kozloduy had already attracted serious investor interest but he did not disclose details. He suggested that there was already investor interest in the project but did not disclose details. "In 20 years' time, when the exploitation deadline of...


BULGARIA'S EDUCATION MINISTER RESIGNS
(28/01/2013)

Topics: Renewable Energy

Bulgaria's Education Minister, Sergey Ignatov, has resigned from the post. Ignatov has submitted his resignation on the request of Prime Minister, Boyko Borisov, the Cabinet's press office informs Monday. The news broke just hours after the resignation of the manager of Bulgaria's embattled and scandal-ridden Scientific Research Fund, Hristo Petrov. Petrov's resignation was also immediately accepted by Borisov. The manager deposited his resignation after it emerged that a probe of...


BULGARIA CHIEF PROSECUTOR EMBARKS ON 1ST VISIT TO BRUSSELS
(28/01/2013)

Topics: Renewable Energy

Bulgaria's new Chief Prosecutor Sotir Tsatsarov will make his first visit to Brussels accompanied by Interior Minister Tsvetan Tsvetanov and Justice Minister Diana Kovacheva. Tsatsarov will meet with EC Secretary-General Catherine Day and OLAF Director General Giovanni Kessler on January 29, according to the press office of Bulgaria's prosecuting authority. Meanwhile, Tsvetanov will take part in a high-level international conference on countering violent extremism organized by Home...


BULGARIAN PM SACKS HEAD OF ENERGY WATCHDOG
(28/01/2013)

Topics: Renewable Energy

Bulgarian Prime Minister, Boyko Borisov, is proposing to the Cabinet to dismiss from the post the Chairman of the State Commission for Energy and Water Regulation, DKEVR, Angel Semerdzhiev. The proposal is connected with the delay and lack of a number of administrative acts from the Electricity and Gas Directives, requested by the European Commission. It was reported last Thursday that EC is referring Bulgaria, Estonia and the United Kingdom to the Court of Justice of the European Union...


CEO OF BULGARIA'S KOZLODUY NPP: UNIT 7 MAY BE FUNCTIONAL BY 2020-2022
(28/01/2013)

Topics: Renewable Energy

Valentin Nikolov, CEO of the Kozloduy NPP, has said that a seventh unit at the plant could be functional by 2020 or 2022. In a Monday interview for Nova TV, he suggested that the project for building a seventh unit at the nuclear power plant in Kozloduy had already attracted serious investor interest but he did not disclose details. He suggested that there was already investor interest in the project but did not disclose details. "In 20 years' time, when the exploitation deadline of...


BBC: BULGARIA NUCLEAR VOTE 'INVALIDATED BY LOW TURNOUT'
(28/01/2013)

Topics: Renewable Energy

A controversial referendum on whether to build a new nuclear power plant in Bulgaria appears to have been invalidated by low turnout. An exit poll put turnout at around 20% - far below the 60% required for the poll, which was called on the basis of an opposition petition. The opposition Socialists want the centre-right government to reverse its decision not to build the plant. The poll has been seen as a barometer for elections later this year. It was also important as a measure of...




MORE STORIES
LUKOIL EYES WIND, SOLAR ENERGY PLANTS IN BULGARIA, ROMANIA

LUKOIL EYES WIND, SOLAR ENERGY PLANTS IN BULGARIA, ROMANIA

Topics: Renewable Energy

Russian oil company Lukoil wants to build wind and solar energy plants in Bulgaria and Romania, according to company representative Vasily Zoubakine. The company is interested in both new projects and in acquiring existing ones. The plans for the new energy plants are expected to be ready by the end of 2011 when negotiations with local partners can begin, Zaoubakine told RIA Novosti. "As Russia did not have a system to support energy alternatives, the Lukoil investments are focused...


RUSSIA REITERATES WARNINGS FOR BULGARIA OVER BURGAS-ALEXANDROUPOLIS

RUSSIA REITERATES WARNINGS FOR BULGARIA OVER BURGAS-ALEXANDROUPOLIS

Topics: Renewable Energy

Russia is reiterating talk of suing Bulgaria over foiling the project to build the Burgas-Alexandroupolis oil pipeline, according to Russian Energy Minister, Sergey Shmatko. The Russian news agency RIA Novosti is citing Shmatko saying Russia is still interested in the project over its economic feasibility, but is prepared to withdraw after receiving compensations. The statement comes about a week after Moscow warned it will scrap the pipeline and then recanted the announcement. "We...


HUNGARY'S ELMIB TO BUILD EUR 30 M SOLAR PARK IN BULGARIA

HUNGARY'S ELMIB TO BUILD EUR 30 M SOLAR PARK IN BULGARIA

Topics: Renewable Energy

The investment will be handled by Elmib Bulgaria, the Bulgarian subsidiary of Hungary's Elmib, announced Elmib CEO Peter Reicher, the Budapest Business Journal reported citing the Vilaggazdasag business daily. Reicher told the newspaper that the company expects to complete the 15 MW solar park in the Eastern Bulgarian town of Sungurlare within a year and a half. Once up and running, the electricity produced by the solar park will be fed into the Bulgarian national grid, thus saving 11 400...


TRANSATLANTIC PETROLEUM BUYS DIRECT PETROLEUM BULGARIA

TRANSATLANTIC PETROLEUM BUYS DIRECT PETROLEUM BULGARIA

Topics: Renewable Energy

Texas-based company TransAtlantic Petroleum has closed deals on the acquisition of 100% of Direct Petroleum Bulgaria EOOD, Direct Petroleum Morocco Inc., and Anschutz Morocco Corporation. The deal with Direct Petroleum Exploration, Inc. was closed on February 18, 2011, TransAtlantic Petroleum said in a statement on Monday. It issued 8 924 478 of its common shares to Direct Petroleum, and paid USD 2 M in cash consideration at closing in addition to USD 492 000 in cash...


SERBIA CONFIRMS INTEREST IN INVESTING IN BULGARIA'S BELENE NUCLEAR PLANT

SERBIA CONFIRMS INTEREST IN INVESTING IN BULGARIA'S BELENE NUCLEAR PLANT

Topics: Renewable Energy

Serbian Prime Minister Mirko Cvetkovic has confirmed his country's continued interest in acquiring a share of Bulgaria's future second nuclear power plant "Belene". The economic aspects of Cvetkovic's visit in Sofia on Monday were overshadowed by the incident over the weekend in which Serbian authorities obstructed the remembrance of Bulgarian national hero Vasil Levski by the Bulgarian minority in Serbia. Bulgarian PM Borisov and Cvetkovic, however, did focus their talks on certain...


NEW JERSEY-BASED COMPANY ACQUIRES LAND FOR SOLAR PLANTS IN BULGARIA

NEW JERSEY-BASED COMPANY ACQUIRES LAND FOR SOLAR PLANTS IN BULGARIA

Topics: Renewable Energy

Euro Solar Parks, Inc., a company based in New Jersey, USA, has announced the completion of its acquisition of two land properties for solar parks in Bulgaria. The strategic properties are located in the Karlovo Municipality in Central Bulgaria, and have an area of approximately 11 560 square meters. Both properties have short distances to the national power grid. They were acquired for the purpose of developing small-sized solar plants that run up to 0.7 MW. The plants will be known as...


TOSHIBA OFFERS BULGARIA MASSIVE RENEWABLE ENERGY, SMART GRIDS PROJECT

TOSHIBA OFFERS BULGARIA MASSIVE RENEWABLE ENERGY, SMART GRIDS PROJECT

Topics: Renewable Energy

Japan's Toshiba Corporation has offered Bulgaria a large-scale project in the field of renewable energy, "smart electricity grids" and electric cars. As part of a visit of a large Bulgarian government and business delegation in Japan led by PM Borisov, Bulgarian Minister of Economy, Energy, and Tourism Traicho Traikov met with Norio Sasaki, President and CEO of Toshiba Corporation. The Toshiba management has confirmed that the company will construct a 10 MW photovoltaic park near...


JAPAN JV TO BUILD HUGE SOLAR PLANT IN BULGARIA - NIKKEI

JAPAN JV TO BUILD HUGE SOLAR PLANT IN BULGARIA - NIKKEI

Topics: Renewable Energy

Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report. The plant will be located near the Bulgarian city of Yambol and will cost more than 100 billion yen (USD1.2 B), Japan's Nikkei business daily said. According to the report the plant is expected to be built by March 2012 with an output capacity of roughly 50,000 kilowatts, which will be gradually...


GERMAN COMPANY INVESTS EUR 75 M IN BULGARIAN WIND PARK

GERMAN COMPANY INVESTS EUR 75 M IN BULGARIAN WIND PARK

Topics: Renewable Energy

Bulgarian company IWC Bulgaria 4 owned by German Innovative Wind Concepts is planning a new wind park in the northeastern part of the country near the city of Shumen. The park located by the Krasen Dol village will include 21 wind generators, at 2-3 MW each. The yearly turnout of energy is expected to be over 100,000 MWh. The wind energy facility, which is expected to start working in 2013, will cost some BGN 150 M. The Ministry of Economy and Energy has issued a "Class-A" grading of...


NEW FRENCH HYDRO-POWER PLANT UNVEILED IN BULGARIA

NEW FRENCH HYDRO-POWER PLANT UNVEILED IN BULGARIA

Topics: Renewable Energy

The Dzherman hydro-power plant, an investment of "Electricite de France Energies Nouvelles" (EDF EN), was formally opened in Southwestern Bulgaria on Saturday. French energy company, which is one of the largest in Europe, has invested a total of EUR 4.16 M in the hydro-power plant. The plant has a capacity of 3 MW; it will be producing about 10 500 MW/h of electricity a year. It was opened by Bulgaria's Economy, Energy, and Tourism Minister Traicho Traikov and the new French Ambassador to...


BULGARIAN RENEWABLE ENERGY LAW TO DETERMINE FATE OF MAJOR AES INVESTMENT

BULGARIAN RENEWABLE ENERGY LAW TO DETERMINE FATE OF MAJOR AES INVESTMENT

Topics: Renewable Energy

American energy giant AES is expecting the adoption of Bulgaria's law on renewable energy in order to go ahead with its planned major solar park investment, AES Country Manager for Bulgaria Peter Lithgow told Novinite.com (Sofia News Agency). In an interview for the Bulgaria-US Survey of Novinite.com (Sofia News Agency) Lithgow implied that AES could still select another country for its USD 400 M photovoltaic park investment if the long-anticipated Bulgarian legislation on renewable energy...


US AMBASSADOR: BULGARIA'S RENEWABLE ENERGY LAW KEY FOR AES INVESTMENT PLANS

US AMBASSADOR: BULGARIA'S RENEWABLE ENERGY LAW KEY FOR AES INVESTMENT PLANS

Topics: Renewable Energy

Bulgaria's renewable energy legislation needs to be harmonized with EU laws in order to attract major foreign investors such as AES, US Ambassador in Sofia James Warlick told Novinite (Sofia News Agency). In an exclusive interview for the "Bulgaria-US Survey" of Novinite.com, Warlick pointed out that the Bulgarian Parliament must focus on harmonizing the country's Renewable Energy Sources Act with other EU countries. In the recent months American energy giant AES, which already made...


TNT, SHELL, PHILIPS COME TOGETHER TO PROMOTE GREEN LIFE IN BULGARIA

TNT, SHELL, PHILIPS COME TOGETHER TO PROMOTE GREEN LIFE IN BULGARIA

Topics: Renewable Energy

Three top global Dutch-based companies – TNT, Shell, and Philips – have presented their green initiatives in Sofia in order to promote environmental protection in Bulgaria. The event was dedicated to the world Sustainability Day and was part of the Week of the Netherlands 2010 organized under the patronage of the Embassy of the Kingdom of the Netherlands in Bulgaria. The visitors of the joint event of TNT, Shell and Philips at the Hilton Hotel in Sofia had the opportunities to learn in...


GERMAN-BULGARIAN FIRM TO BUILD 180 MW WIND FARM

GERMAN-BULGARIAN FIRM TO BUILD 180 MW WIND FARM

Topics: Renewable Energy

German-Bulgarian company SRS-Bulgaria EOOD will plunk BGN 483.7 million in the construction of wind power plant near General Toshevo, in the east of the southeast European country. The 60-turbine Spasovo wind farm, with a nameplate capacity of 150 MW—180 MW, will stomach BGN 6.5 million in 2010 and a further BGN 292.6 million and BGN 186 million in the following two years, respectively. The project will create 20 jobs. Construction works are scheduled for completion in...


US COMPANIES EXPECTED TO FOCUS ON BULGARIA'S NUCLEAR, RENEWABLE ENERGY, SHALE GAS

US COMPANIES EXPECTED TO FOCUS ON BULGARIA'S NUCLEAR, RENEWABLE ENERGY, SHALE GAS

Topics: Renewable Energy

American companies are showing increased interest in various energy projects in Bulgaria and are researching their investment options, the new Bulgarian Ambassador to the USA, Elena Poptodorova told Novinite.com (Sofia News Agency) in an exclusive interview. Her Excellency, who just started her second term as Bulgaria’s Ambassador in Washington, DC, after serving at the same position in 2002-2008, has pointed out that nuclear energy, renewable energy, and shale gas extraction are being...


BULGARIA UPS RENEWABLE ENERGY PRODUCTION

BULGARIA UPS RENEWABLE ENERGY PRODUCTION

Topics: Renewable Energy

Bulgaria’s energy production from renewable sources by the end of 2010 will be 3 times more than the one in 2009, according to Plamen Dechev from the State Commission for Energy and Water Regulation (DKEVR) In 2009, Bulgaria produced 800 thousand MGWH from green sources while for the first six months of 2010, this production has already reached 1 million MGWH. According to the expert, in the next few years the share of renewable sources in energy production can reach 17% to 20%. Currently...


TOSHIBA TO BUILD SOLAR POWER PLANT IN BULGARIA

TOSHIBA TO BUILD SOLAR POWER PLANT IN BULGARIA

Topics: Renewable Energy

The Japanese company Toshiba is planning to invest in construction of solar power plants in the USA and countries in Europe, including Bulgaria. The company has annouocned it is expecting an income of USD 1,8 B from these investments by March 2016. Toshiba will begin implementing its investment plan with the construction of a 10 MW solar power plant in Bulgaria, which is expected to begin working in the next financial year. The plant will be located near the Bulgarian city of Yambol...


BELGIUM COMPANY INVESTS EUR 15 M IN BULGARIAN BIOFUELS PLANT

BELGIUM COMPANY INVESTS EUR 15 M IN BULGARIAN BIOFUELS PLANT

Topics: Renewable Energy

The construction of a new plant for the production of biofuels will begin by the end of 2010 in Bulgaria's southern city of Kardzhali. The information was provided by Yves Crits, CEO of the Belgium company 4Energy Invest, which specializes in renewable energy by creating and managing a portfolio of small to middle-sized locally embedded projects that transform biomass into energy. Crits is in Kardzhali on the invitation of the Member of the European Parliament, Vladko Panayotov. The CEO...


MAJOR WIND POWER INVESTMENT LOOMING FOR NORTHEASTERN BULGARIA

MAJOR WIND POWER INVESTMENT LOOMING FOR NORTHEASTERN BULGARIA

Topics: Renewable Energy

The German-Bulgarian company SRS Bulgaria will invest close to BGN 500 M to create a wind power park nearby the town of General Toshevo in northeastern Bulgaria. The investment of the company, registered in the northern Bulgarian city of Pleven, will span over three years 2010-2012 and will open 20 new workplaces. The project involves constructing and exploitation of a wind power station with 60 generators with 150-180 MW power. The power generators will be placed nearby General...


BULGARIA TO RECEIVE GREEN ENERGY FUNDING FROM NORWAY

BULGARIA TO RECEIVE GREEN ENERGY FUNDING FROM NORWAY

Topics: Renewable Energy

Norway will give Bulgaria financial support for projects focused mostly on environment and energy efficiency issues. Bulgaria will receive the EUR 126,6 M in the next four years. The Norwegian help for Bulgaria is part of a new agreement between the EU and the countries from the so-called European Economic Area (EEA), which include Norway, Iceland and Liechtenstein. The goal is to decrease the social and economic differences in Europe. In the fall, the Bulgarian government will sign...



| 1 | 2 | 3 |

All News Pieces: 1385



Intelligence Pathways - Outsource your Business and Competitive Intelligence to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company



Latest Featured Member
Sofia Web Works
Sofia Web Works
Become Featured Member

 © Copyrighted 2004 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.  

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Printing Sofia Web Works Kavarna Properties CM Real Estate Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing
Invest in Myanmar Serbia Fashion

Crafted by Sofia Web Works®