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Solaris Holding Commissioned a New Hybrid Solar Photovoltaic and Storage Power Plant in Bulgaria

/SOFIA, BULGARIA, June 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Solaris Holding AD, a joint venture between the Bulgarian-German company SUNOTEC and the primary shareholders of Eurohold Bulgaria AD, has officially opened a new hybrid renewable energy plant in Oryahovo, located in the Vratsa region of Bulgaria. This facility, which integrates solar energy production and […]
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OMV Petrom Acquires 50% Stake in One of the Largest Bulgarian Solar Photovoltaic Power Plants, Gabare, with a Planned Power Capacity of 400 MW

/SOFIA/BULGARIA, June 23, 2025, 10:00 CET, RENEWABLE MARKET WATCH™/ The largest energy producer in Southeastern Europe, OMV Petrom, acquires 50% of the photovoltaic project in Gabare near Byala Slatina, Bulgaria. The project is implemented through a partnership with the Enery and includes investments of approximately EUR 200 million until 2027. A potential battery energy storage […]
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RWE and PPC to Build New Solar Projects of 567 MWp in the Prefecture of Central Macedonia in Northern Greece

/ESSEN/ATHENS, April 7, 2025, 10:00, RWE, PPC/ Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of two large-scale photovoltaic (PV) projects in the Prefecture of Central Macedonia in Northern […]
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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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IB vogt is Selling 780 MW Solar PV and BESS Portfolio to Faria Renewables

/ATHENS, GREECE, January 8, 2025, 10:00 ib vogt, Faria Renewables/ International renewable energy development platform ib vogt has reached an agreement to sell its project portfolio in Greece to Faria Renewables, a prominent Greek independent power producer (IPP) and developer, supported by Omnes Capital’s Capenergie 5 fund and the Faria Group. This portfolio includes approximately 780 MWp of solar photovoltaic (PV) and battery energy storage system (BESS) assets at various stages of development, which features a 45 MWp solar PV power plant that is currently under construction.
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DRI and OMV Petrov Have Signed the Largest Physical Power Purchase Agreement (PPA) for Solar Photovoltaic (PV) Power in Romania to Date

/BUCHAREST, December 20, 2024, 11:00 GMT, DRI, OMV Petrom/ DRI, the EU renewables arm of Ukrainian energy company DTEK, has signed the largest physical solar power purchase agreement (“PPA”) in Romania with OMV Petrom S.A., the largest integrated energy producer in Southeastern Europe. The PPA is a package deal, grouping three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a fixed rate, including the sale of physical electricity and Guarantees of Origin.
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Enery Launched in Commercial Operation the Sarmasag PV Power Plant in Romania with 51.4 MWp Capacity and 22 MWh battery energy storage system (BESS)

/BUCHAREST, October 22, 2024, 9:00 GMT, ENERY/ Enery proudly announces the official inauguration of its newest photovoltaic (PV) power plant in Sărmășag, Sălaj County, Romania. With an installed capacity of 51.4 MWp, the Sărmășag PV plant is set to generate 64.8 GWh of clean energy annually, powering approximately 38,270 households and contributing to significant CO2 emissions savings of 16,208 tonnes annually. A key feature of the plant is its 22 MWh battery energy storage system (BESS), which will be fully operational by the end of the year. The system includes…
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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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