Bulgaria’s energy storage sector has reached a new milestone: Solarpro Technology, in collaboration with China’s CATL, has commissioned a 602 MWh battery energy storage system (BESS) in Burgas. This is the largest installation of its kind in the country and in Eastern Europe, Solarpro announced. The project surpasses the previous record held by a 601.8 […]
OMV Petrom, the largest integrated energy producer in Southeast Europe has made the final investment decision for Gabare, one of the largest integrated solar energy and battery storage projects in Bulgaria. The project, located in the Byala Slatina region, includes a photovoltaic plant with a capacity of ~415 MWp and a battery storage system (BESS) […]
A stand-alone battery storage system with a capacity of 202 MW and 500 MWh has become operational and is actively participating in the day-ahead and intraday electricity markets in Bulgaria, according to the specialized press. One of the largest independent battery storage facilities in Eastern Europe and among the first in Bulgaria has recently entered […]
The Bulgarian parliament approved on Friday a series of legislative amendments according to which the sale of the assets in Bulgaria of Lukoil, a Russian company sanctioned this week by the US, is conditional on obtaining the approval of the Council of Ministers as well as the State Agency for National Security (DANS), EFE reports. […]
A 160 MWp solar park, larger than the largest photovoltaic park in Romania, has entered commercial operation in Bulgaria. It is not the first of its kind. The Maglizh solar park in central Bulgaria has begun commercial operation, according to 360 Energy, which built it in partnership with majority shareholders Eurohold. The facility has a […]
The Bulgarian Ministry of Energy has launched a public consultation on a new round of its subsidy program for battery energy storage projects, aimed at facilitating the integration of renewable energy sources. The plan aims to support the implementation of a new battery storage capacity of 1.9 GWh, with funding of approximately EUR 118 million. […]
For the first time in Bulgaria’s history, solar energy production exceeded national electricity consumption in a certain time window, Novinite reports. This record was set on June 20, 2025, and data from the Electricity System Operator (ESO) and the European Network of Transmission and System Operators for Electricity (ENTSO-E) confirmed the event. Between 10:00 and […]
The European Bank for Reconstruction and Development (EBRD) officially launched its InvestEU programme in Bulgaria today, marking a major step forward in the country’s transition to a green and sustainable economy. The event brought together financial sector leaders, representative of the EU and senior business executives to highlight the country’s growing momentum in the green […]
Bulgaria will finance 82 independent renewable energy storage projects worth over 1.15 billion leva (588 million euros) under the EU-funded program called RESTORE, the Energy Ministry in Sofia announced last week. The selected projects will provide a total usable storage capacity of 9,712.89 MWh, more than three times the minimum target of 3 GWh initially […]
Kazakhstan’s national oil company, KazMunaiGas, is considering the possibility of acquiring the Bulgarian oil refinery Lukoil Neftohim Burgas AD, which belongs to the Russian company Lukoil, Kazinform news agency reports, confirming discussions that have already appeared in the press. The Kazakh agency is the first to publish KazMunaiGas’ position on the matter. “JSC NC KazMunaiGas […]
Kazakhstan’s state oil company KazMunayGas, which controls Rompetrol Group, has submitted a bid to buy Bulgaria’s Lukoil refinery, according to two people familiar with the negotiations, cited by Bloomberg. Litasco SA, the main shareholder of Lukoil Neftohim Burgas AD – the company that runs Bulgaria’s only Burgas refinery – and its subsidiary have already accepted […]
The European Bank for Reconstruction and Development (EBRD) is lending up to €50 million to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. The Tenevo plant is expected to generate more than 300 GWh of electricity a year and save 250,000 tonnes of carbon emissions annually. A parallel […]
The last pipeline transit route of Russian gas to Central Europe that would remain functional after the transit through Ukraine is stopped can also be closed, in theory. From Bulgaria. Bulgaria, a transit country for Gazprom’s gas reaching southern Europe via the TurkStream pipeline, can play a key role in concluding the current agreement between […]
OMV Petrom, the largest integrated energy producer in Southeast Europe, is expanding its natural gas supply business to the Bulgarian market, the oil company said in a press release. Starting from October, industrial consumers in Bulgaria can benefit from OMV Petrom’s offer. By entering the supply market in Bulgaria, OMV Petrom builds on its experience […]
