Renewable energy commercialization

Oversupply of green energy

Anyone applying for a photovoltaic park permit nowadays is likely wanting to tear their hair out, say competent officials of the Environment and Energy Ministry describing the overheating of the photovoltaic sector that has dominated the renewables market in recent years, putting businesses at risk, per market estimates.

Greece’s new climate plan sets more ambitious renewable energy goals

Greece has set more ambitious targets for expanding solar and wind power to cut greenhouse emissions by 2030 under a revised energy and climate plan presented on Friday.

Athens will aim for an 82% share of renewables in electricity generation by 2030 versus a 66% target in its previous 2019 plan, under the plan to be submitted to the European Commission for approval.

One in Four Bulgarians Struggles to Afford Winter Heating

One in four Bulgarians is unable to afford heating during the winter months, according to energy expert Ivan Hinovski. The number of individuals experiencing energy poverty is rising, and many households also face what is termed "hidden energy poverty," characterized by inadequate energy consumption for their needs.

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