Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
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.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
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.
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.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
