Tag: Bulgaria (12 articles)

Mobility   |   11 October, 2023 at 10:15 AM

Bulgaria reports over 50% growth in sale of electric vehicles

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.

Energy   |   27 June, 2023 at 9:30 AM

Eurohold puts into operation Bulgaria's largest PV park

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.

Industry   |   8 May, 2023 at 12:54 PM

World Bank to advise Bulgaria on the development of geothermal energy

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.

Industry   |   2 May, 2023 at 6:01 PM

Production of energy storage batteries begins in Ruse

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.

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Finance

EU surpasses €300 billion in RRF funding

The European Commission allocated €26.8 billion in loans and grants under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania.