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Bulgaria

United Group Еnters into Bulgarian Renewable Energy Market with an Investment of EUR 120 million in Three Solar Photovoltaic (PV) Power Plants and One Wind Farm

/SOFIA, January 22, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ By 2027, these projects will provide 160% of the electricity needed for the Group's operations in Bulgaria. They will meet 65% of the Group's total electricity demand, eliminating approximately 120,000 tonnes of carbon dioxide emissions from the electricity grid in Bulgaria each year. Together, the projects will have a total installed capacity of 124 MW and an annual generation of 310,000 MWh - enough to power over 60,000 households yearly. In addition, the initiative includes a state-of-the-art battery system capable of…
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Enery Launched into Commercial Operation its Largest Solar PV Power Plant in Tsenovo, Bulgaria, with an Installed Capacity of 113 MWp

/TSENOVO, BULGARIA, October 15, 2024, 9:30 CEST, RENEWABLE MARKET WATCHTM/ Enery, a leading renewable energy solutions provider, announces the official opening of its largest solar power plant in Tsenovo Municipality, North Bulgaria. The Tsenovo Solar Plant expands the company’s portfolio with an additional 113 MWp (80 MWac), contributing to the region’s decarbonization. Located across several sites, the solar park spans over 140 hectares of land. The facility has 191,282 solar modules and can generate 177 GWh of clean electricity annually. This is equivalent to powering more than 48,000 households and…
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Albania and Bulgaria are the Newly Accepted Members of the Association of Issuing Bodies (AIB)

/BRUSSELS, May 31, 2024, 11:00 CEST, The Association of Issuing Bodies (AIB)/ The Association of Issuing Bodies (AIB) informed today on its LinkedIn profile that Albania and Bulgaria are accepted as full association members. With a main focus on supporting the energy transition for all stakeholders, AIB aims to unite the European issuing bodies of energy attribute tracking systems for all energy carriers and technologies, thereby using a decision-making structure that respects their varying identities while allowing for continuous evolution. Memberships were registered for Bulgaria’s Sustainable Energy Development Agency (SEDA) and Albania’s Energy Regulatory…
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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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