News

From Bulgaria
09.02.2012 17:39

Bulgaria Stops Electricity Export Tonight at 01.00 EET

Because of the bad winter weather in the country, as of 01.00 EET on February 10 Bulgaria ceases all electricity exports. The decision comes after a registered electricity insufficiency of about 400 MW an hour.   The electricity system of
08.02.2012 16:22

Ming Yang Wind Power Group Delivers Wind Turbines for 2 Bulgarian Projects

China Ming Yang Wind Power Group Ltd., a Guangdong-based wind turbine manufacturer, agreed to supply machines on 125 megawatts of projects in Bulgaria.   Ming Yang Wind Power (International) Co. Ltd., a unit of the company, signed contracts
07.02.2012 16:44

Kaliakra Wind Power Awarded Renewable Energy Origin Guarantee

The Bulgarian Sustainable Energy Development Agency (SEDA), former Energy Efficiency Agency, awarded Kaliakra Wind Power AD a guarantee of origin for the renewable energy it produces. The company, which is majority-owned by Japanese corporation Mitsubishi
06.02.2012 15:37

Dam Wall Breaks, Severe Floods in Southern Bulgaria

As Bulgaria was hit by a new cold front bringing heavy rain and snow, Ivanovo dam collapsed, causing a severe flood in Harmanli region. Biser village was swept by a 2-meter tidal wave from Maritsa river,  Bulgarian televisions reported earlier
03.02.2012 18:17

Gas Transit from Bulgaria to the Balkans is Uninterrupted

In relation to the extremely cold weather and the increased consumption of natural gas in all East-European countries and the Russian Federation, gas transit has been carried out in extremely bad conditions resulting in shortages for the Balkan region.
02.02.2012 15:42

ERG Acquires Bulgarian Wind Project

A recently created joint venture between the renewable units of Italian energy group ERG and Russia’s Lukoil has resulted in an acquisition of a 40MW operational wind farm in Bulgaria from Raiffeisen Energy & Environment, The Windpower
01.02.2012 17:08

Sofia District Heating Utility Turns to Profit in 2011

Sofia district heating utility Toplofikatsia posted earnings of BGN 23 m (about EUR 16 m). The utility expected instead losses of some BGN 7 m. From the utility explained the good financial results with the decreased losses of heat during transportation
31.01.2012 16:11

Bulgaria Restores Coal Reserves as Power Consumption Rises

The coal output at Maritsa East Mines continues despite the heavy winter weather conditions in Bulgaria. The mines are keeping a greater than planned output and steady coal supply to the thermal power stations in the East Maritsa basin in order to
31.01.2012 11:42

Great Wall Motor to Inaugurate Bulgaria Plant on February 21

Chinese automaker Great Wall Motor will inaugurate its first plant in Bulgaria and Europe on February 21, it has been announced. The brand new car factory is a a joint project with Bulgarian company Litex Motors that aims at selling 2 000 vehicles
30.01.2012 14:58

Shell Eco Marathon Goes to Rotterdam this Year

More than 3,000 students from across Europe are preparing to do exactly that, putting their driving skills and scientific knowledge to the test on a brand new street circuit designed for the 2012 Shell Eco-marathon.   This is the first year
27.01.2012 21:59

EC representative inspected finished part of Plovdiv-Svilengrad railway line

Deputy Head of Unit at EC (DG "Regional Policy") Carsten Rasmussen expressed his support and gratitude to Bulgarian ministry of Transport and the National Railway Infrastructure Company (NRIC) for the excellent work on finished part
27.01.2012 17:41

Industry Pleas for Transparent Free Electricity Market, Legislation Changes

Bulgarian industry representatives insisted that there must be clear rules for state-owned electricity producers such as Kozloduy nuclear station, Maritsa East 2 thermal station and the National Electricity Company, when they organize tenders for
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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