AES Geo Energy, a joint venture of AES Corporation and the German company, Geo Power, has extended the unplanned outage of its 156 MW Saint Nikola wind project in Kavarna.
The developers have blamed the problem with the distribution system leaving the plant with 56 MW of unavailable capacity on December 28. The outage of the project has been extended to January 29 from January 21, 2019.
The EUR270 million (US$332.2 million) project has been in operation since 2010. It consists of 52 turbines of 3 MW each.
Portanero Invest and KGAL ESPF 4 Holding were allowed by the government of Bulgaria, the Commission for Protection of Competition, to acquire the Samsung C&T Corporation's 7 pho...
Read moreAkuo Energy has completed the acquisition of CHB, a portfolio of four active hydroelectric plants in Bulgaria with an installed capacity of 63 MW. The portfolio was purchased from EDF Renewables....
Read moreThe owner of Bulgaria’s family-owned Inercom Group, Ginka Varbakova, has divested several assets in photovoltaic power operations in order to save the deal with Czech CEZ'...
Read moreThe government of Bulgaria has requested a controlling stake in the assets to be sold, given the doubt across the political and public sphere of Inercom's ability to handle them. CEZ has announced that it has agreed with Inercom to study the possibility of the Bulgarian state taking a stake in the assets
Black Toro Capital has launched the stakes acquisition agreement with Ebioss Energy. The two companies are expected to confirm the deal within 90 days