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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
AES PLANS TO CONSTRUCT USD 400 M SOLAR POWER PLANT IN BULGARIA

AES PLANS TO CONSTRUCT USD 400 M SOLAR POWER PLANT IN BULGARIA

Topics: Renewable Energy

AES Corp., the U.S. power producer with operations in more than two dozen countries, is keen on constructing in Bulgaria a USD 400 M solar power plant with a capacity of 80 megawatts, the American ambassador in Sofia announced. “AES has been waiting for six months to go ahead with its investment, which costs nothing to the Bulgarian government,” US Ambassador to Bulgaria, James Warlick, said a joint press conference with representatives of AES Solar Energy. The ambassador pointed out that...


BULGARIA'S PM: NEW HYDROPOWER STATION PROJECT TO START 2012

BULGARIA'S PM: NEW HYDROPOWER STATION PROJECT TO START 2012

Topics: Renewable Energy

The Gorna Arda hydropower plant project is extremely important for the development of the region of south-eastern Bulgaria, said Bulgarian PM upon the joining of Austrian energy giant EVN in the venture Monday evening in Vienna. The Bulgarian National Electrical Company (NEK) and Austrian energy giant EVN stroke a deal earlier Monday over the construction and exploitation of the hydropower station during Borisov's official visit to Austria Commenting upon the event, Borisov said that...


JAPAN AMBASSADOR THUMBS UP FOR BULGARIA SUN POTENTIAL

JAPAN AMBASSADOR THUMBS UP FOR BULGARIA SUN POTENTIAL

Topics: Renewable Energy

Japan's Ambassador to Bulgaria will pay a visit to the town of Yambol on Wednesday to discuss the planned investment of a Japanese company in the construction of a solar power plant there. The meeting is at the initiative of His Excellency Makoto Ito, the municipality announced. The Japanese company Toshiba voiced last year plans to invest in construction of solar power plants in the USA and countries in Europe, including Bulgaria. Toshiba will begin implementing its investment plan...



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