Bulgaria accelerates solar energy storage as battery capacity expands
In Bulgaria, the storage of solar energy in batteries is rapidly expanding, with private investors leading the initiative. According to…
Greece’s Helleniq Energy also enters Bulgarian renewables market
Greece’s Helleniq Energy Holdings said its subsidiary Helleniq Renewables Bulgaria has acquired local company Agro NV Properties, which owns a…
Bulgaria: US financiers propose major investment in gas hub
Two American financiers, one of whom has ties to former US President Donald Trump’s campaign, have initiated talks with Bulgarian…
OMV Petrom and NewMed Energy sign 80 mln. USD contract for Han-Asparuh drilling vessel
OMV Petrom and NewMed Energy Balkan, a subsidiary of New Med Energy, announce the contract for the vessel to drill…
Gas stations in Bulgaria struggle with dual currency display ahead of euro adoption
From August 8, Bulgarian gas stations are expected to display fuel prices in both leva and euro, as part of…
Bulgaria’s YTD power output grows 14%, consumption up 6.4% in S1 2025
Bulgaria’s electricity production increased by an annual 13.57% to 22,229 GWh between January 1 and July 13, the country’s Electricity…
Rompetrol expands in Bulgaria, network reaches 55 stations
Rompetrol Bulgaria, a subsidiary of KMG International Group (Rompetrol) in the region, has recently opened a new fuel station in…
Why Battery Energy Storage Projects in Romania Need a New Kind of Insurance (P)
Romania is entering a new phase in its energy transition, marked by strong growth in renewable capacity and a major…
Black start exercise: Transelectrica tests SEN’s ability to recover in the event of a major breakdown
In a large-scale exercise on 21 June, Transelectrica, together with Hidroelectrica and in collaboration with the Bulgarian transmission operator ESO,…
Tailor-Made Insurance for Co-Located and Stand-Alone Storage Systems (P)
As Romania accelerates its energy transition, a growing number of utility-scale solar projects are integrating co-located battery energy storage systems…
Bulgaria postpones market re-liberalization among price surge fears
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where…
Elliott Investment to buy stake in Bulgarian gas transport infrastructure
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of…
Converging lessons for PV and BESS in CEE
At the SolarPower Summit 2025 in Brussels, one of the most resonant sessions explored the evolving landscape of solar and…
Bulgaria: PPC invests in 165 MWp power plant with storage in Stara Zagora
PPC Group announces expansion into the Bulgarian market by starting construction of a new photovoltaic power plant with battery storage,…
Unlocking BESS potential in the power market (analysis by Aurora Energy Research)
As energy transition accelerates, Battery Energy Storage Systems (BESS) are emerging as a critical component of the power system. However,…
Bulgaria’s Belene NPP Reactors set for Ukraine’s Khmelnytskyi nuclear plant
Ukraine’s parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria’s Belene Nuclear…
KazMunayGas plans to take over Lukoil refinery in Bulgaria
Kazakh group KazMunayGas, owner of the Petromidia refinery, has submitted a bid to take over the Bulgarian refinery of the…
The Romanian Commodities Exchange expands to Bulgaria, after the Republic of Moldova
The Romanian Commodities Exchange (BRM) announces the conclusion of the agreement to acquire the Bulgarian Energy Trading Platform AD (BETP…
Glavchev: Contract for new capacities at the Kozlodui plant represents a priority
The engineering contract for new capacity at the Kozlodui nuclear power plant is crucial and a priority for the interim…
Franck Neel: Supplying natural gas to Bulgaria is a natural step, we were already present there
OMV Petrom, the largest integrated energy producer in Southeast Europe, is expanding its natural gas supply business to the Bulgarian…
Bulgaria faces continued high electricity prices
Electricity prices in Bulgaria remain the highest in the region as August progresses, reports “Capital”. Despite the end of the…
Bulgaria: USTDA grants 1.5 mln. USD for East-West Corridor feasibility study
The US Trade and Development Agency (USTDA) and Bulgaria’s Transmission and System Operator (ESO) signed an agreement in Sofia on…
Bulgaria collects 111 mln. euro in windfall tax from energy firms in 2023
In 2023, Bulgaria collected 217 million BGN (about 111 million euro) from a windfall tax on firms in the oil,…