The European Bank for Reconstruction and Development (EBRD) is providing a €175 million loan to Public Power Corporation (PPC) to support renewable energy development across Bulgaria, Greece, and Romania. The financing will help develop approximately […]
PPC Group and METLEN Energy & Metals have entered into a joint venture (JV) agreement to develop battery energy storage system (BESS) projects across Romania, Bulgaria and Italy. The agreement provides for the creation of […]
ContourGlobal has commissioned a 202 MW/500 MWh standalone battery energy storage system (BESS) in the Stara Zagora region of Bulgaria. The facility is fully operational and is participating in the country’s day-ahead and intraday electricity […]
Sermatec has secured a 430 MWh energy storage project in Bulgaria. Sermatec will deliver a full-lifecycle energy storage solution, with the system designed to charge during off-peak hours using low-cost electricity and discharge during peak […]
Enery Development GmbH (Enery) and OMV Petrom S.A. (OMV Petrom) have formed a joint venture to build and operate the Gabare photovoltaic project. The project will have an installed capacity of 400 MW and is […]
The European Investment Bank (EIB) will provide advisory assistance to Natsionalna Elektricheska Kompania EAD (NEK), Bulgaria’s national electricity company, for the construction of two large pumped-storage hydropower plants. The two new renewable energy projects will […]
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