Bulgaria

North Macedonia's federal government stated it has actually signed contracts with Bulgarian solar energy group Solarpro Holding [BUL:0 S8] and Turkish Fortis Energy Electric for the building and construction of photovoltaic nuclear power plant of combined 100 MW worth 70 million euro ($83.6 million).

The investment fund of the 3 Seas Initiative has actually acquired a 'substantial' stake in Austrian renewable resource group Enery Development, proprietor of a 60 MW solar plant in Bulgaria, state-owned Bulgarian Development Bank (BDB), a capitalist in the fund, claimed.

Bulgarian thermal power plant (TPP) Bobov Dol [BUL: TC8A] plans to construct a solar (PV) park at the website of a former ash dump in Dupnitsa town, data published by the local environment inspectorate showed.

The government's energy technique targets new clean power capability this years but all existing coal power plants will additionally remain active, gas pipes could be upgraded and brand-new nuclear centers released.

Bulgarian chicken producer Gradus [BUL: GR6] said on Tuesday that its wholly-owned unit Gradus-1 has spent 1 million levs ($603,000/ 511,000 euro) in the building and construction of a 999.74 kWp solar park at its farm in Stara Zagora.

SunPower and also Maxeon Solar Technologies completed their strategy to split into two independent entities, while Austrian solar designer Energy BG 1 exposed plans to develop a significant unsubsidized solar project in Bulgaria.

The government is thinking about a EUR0.12/ kWh feed-in toll for PV setups with a generation capacity of approximately 5 kW as well as of EUR0.10 for 5-30 kW systems. If carried out, the plan will come into force next month.