The European Bank for Reconstruction and Development (EBRD) officially launched its InvestEU programme in Bulgaria today, marking a major step forward in the country's transition to a green and sustainable economy.
The facility, under construction in central Bulgaria, is being developed by Chint Green Energy, a subsidiary of Chint Group, which also owns the solar panel manufacturer Astronergy.
Bulgaria has taken a major step forward in its renewable energy strategy with the inauguration of a 124 MW / 496.2 MWh battery energy storage system (BESS) in the north-central city of Lovech
EBRD will support Bulgaria's green transition by investing €50 million in the €500 million senior secured bond issuance by the country's Eastern European Electric Company B.V. (EEEC).
PPC Group will strengthen its presence in the Bulgarian energy market with the construction of a new 165 MW photovoltaic plant equipped with a battery storage system.
IFC, a member of the World Bank Group, and the Asian Infrastructure Investment Bank (AIIB) are investing €200 million in senior unsecured bonds to support infrastructure development in Europe.
United Group, a telecommunications and media company based in Southeastern Europe, has made a major investment of €120 million ($124.6 million) to expand its green energy initiatives in Bulgaria.
The Bulgarian Ministry of Energy has approved €268 million in state aid for 249 renewable energy projects, including energy storage units.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
EBRD will guarantee up to €25 million for a loan provided by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria.
Rezolv Energy has secured a license for its 229 MW St. George solar project to be built at the former Silistra airport in Silistra municipality, northeastern Bulgaria.
Bulgaria aims to be among the 20 countries in the world with a working hydrogen valley, says Minister of Innovation and Growth in Bulgaria, Milena Stoycheva.
12,000 electric cars have been registered in Bulgaria to date, which represents over 50% growth compared to 7,800 registered in 2022, announced Boryana Koleva, chief expert in the "National Transport Policy" Directorate of the Ministry of Transport and Communications.
Bulgaria's western municipality of Kyustendil has said it launched a 5.16 million levs ($2.8 million/€2.6 million) tender for the delivery of electric buses and their charging stations.
Rezolv Energy will develop the largest solar power plant in Bulgaria, right on the border with Romania.
The European Commission calls on Czechia and Slovakia to update their national law to limit air pollution from medium combustion plants.
Eurohold Bulgaria has commissioned the 123 MW Verila solar park located in Dupnitsa in southwest Bulgaria, according to Enerdata. Eurohold is the group that owns the bankrupt Euroins Romania insurance company. The photovoltaic power plant is currently the largest in Bulgaria.
The World Bank supports Bulgaria's efforts to secure clean energy resources. The bank will provide expert technical opinions based on the best global ideas and practices for managing Bulgaria's geothermal energy resources. The use of geothermal energy will provide new jobs and guarantee a smooth transition to green energy.
The company Solar MD begins production of energy storage batteries in Ruse, Bulgaria. The Association for Production, Storage, and Trade of Electricity (APSTE) expects that within three years Bulgaria will have over 6,000 MW of installed capacity from wind and solar plants.
Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.
Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.
The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
