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PPC Group and MYTILINEOS Announced their Strategic Cooperation for the Development of a Solar Project Portfolio of up to 2,000MW (2GW) in Bulgaria, Croatia, Italy and Romania

/ATHENS, April 11, 2024, 10:00 BST, PRNewswire/ PPC Group and MYTILINEOS Energy & Metals announce that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia and Romania. Specifically, the agreement refers to approximately 90 solar projects owned by MYTILINEOS in Italy (503 MW), Romania (516 MW), Bulgaria (500 MW) and Croatia (445 MW) which are at various stages of development. Under the agreement MYTILINEOS will undertake the development and construction of these projects, which…
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United Energy Group (UEG) Signed а Deal to Acquire the Bulgarian Developer Green Profit with a 250 MW Solar Photovoltaic Project with a Building Permit

/SOFIA, April 1, 2024, 10:00 BST, RENEWABLE MARKET WATCHTM/ Ms. Mila Nenova, Executive Director of the Bulgarian Investment Agency (BIA), was a special guest at the official contract signing ceremony. United Energy Group (UEG) is a Hong Kong-listed energy company with a strong focus on traditional oil and gas sectors and the development of green energy projects. Over the years, UEG has demonstrated steady growth in renewable energy initiatives, successfully building wind and solar projects in Pakistan, Iraq, Egypt, and others. UEG has recently expanded its presence in the European…
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Bulgaria Announced Two Tenders for Solar Photovoltaic (PV) Technology and Energy Storage Facilities with a Combined Budget of €273.6 Million

/LONDON, March 14, 2024, 11:00 GMT, RENEWABLE MARKET WATCHTM/ The Ministry of Energy of the Republic of Bulgaria has announced two requests for proposals for tender participation to support new renewable electricity generation and energy storage capacity under the National Recovery and Resilience Plan (RRP). These procedures are implemented under Investment 6, "Support for new capacities for electricity production from renewable sources and electricity storage" (C4.I6) of the RRP of the Republic of Bulgaria.
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RE-Source Southeast Conference 2024, 15-16 May, Sofia, Bulgaria

/SOFIA, February 28, 2024, 10:00 GMT, RENEWABLE MARKET WATCHTM/ RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia, Bulgaria. It brings together industrial and corporate consumers, project developers, electricity traders and renewable power producers.
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European Bank for Reconstruction and Development (EBRD) Supports the Tsenovo Solar Photovoltaic Power Plant of Enery Development in Bulgaria with a Guarantee of up to EUR 25 Million for a Loan Provided by UniCredit Bulbank

/LONDON, February 7, 2024, 9:00 GMT, EBRD, RENEWABLE MARKET WATCHTM/ The loan from UniCredit Bulbank will be used for the construction and entry into commercial operation of one large-scale solar PV power plant in northeastern Bulgaria with 112.5 MW capacity, which will be connected to the national transmission system network with a 20 kV/110 kV substation. Enery Development is the project sponsor of the Tsenovo Solar Photovoltaic Power Plant. The company, which is headquartered in Austria, operates 273 MW of renewable energy plants across central and eastern Europe. The Three Seas…
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Renewable Market Watch™ Published New Update of the Report “Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2023 – 2032 with Trends, Forecasts, Investments, Opportunities, Analysis”

/LONDON, November 9, 2023, 10:15 GMT, RENEWABLE MARKET WATCHTM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. In the middle of 2023, Bulgaria's cumulative installed solar PV capacity exceeded 2,100 MW (2.1 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 100 MW were launched into commercial operation in Bulgaria in 2022 and 2023. Local and international investors will build new solar projects between 2024 and 2026. In the…
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RE-Source Southeast Conference 2023, 18-19 May, Sofia, Bulgaria

/SOFIA, March 17, 2023, 10:00 GMT, RENEWABLE MARKET WATCHTM/ RE-Source Southeast is the go-to event for corporate sourcing of renewable energy in the SEE region! While self-consumption and on-site generation is still the prevailing choice for SEE corporates, the PPA market has the potential to catch up fast, as first deals have already been announced in Bulgaria, Greece and Romania. Across Europe, high market prices tempted power producers to shift towards short-term PPAs and more active energy trading strategies with a rising focus on short-term hedges.
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