Solar energy

Mytilineos Energy & Metals said on Tuesday that it has signed a 210-megawatt long-term power purchase agreement (PPA) with Karatzis SA for the green energy produced by a 262 MW solar portfolio.

According to the announcement, Mytilineos will be able to offtake 80% of the energy produced, further enhancing its green supply basket.

A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament. The data reveals a staggering increase of over 140% in electricity production from photovoltaic plants, accompanied by a significant decline in output from coal-fired power plants in the year 2023.

In a proposal during a European Union Council of Transport, Telecommunications and Energy on Tuesday, Cyprus' Minister of Energy, Commerce and Industry George Papanastasiou urged the establishment of an EU "solar bank" to finance the solar sector.

On June 30, the White House published a report about research into a possible plan to artificially block sunlight to prevent the warming of the Earth

The Ministry of Environment and Energy will try to bring some sense to the soaring market of photovoltaic parks, before the new technology is burnt out by extravagant projects by controversial investors in the country.

A groundbreaking hybrid charging station, equipped with solar panels and innovative batteries, has been developed in Bulgaria, capable of simultaneously charging up to 20 electric vehicles in just 15 minutes. The brainchild of Engineer Borislav Mantchev, in collaboration with CERB, this portable station revolutionizes electric car charging, offering unparalleled speed and sustainability.

Dragia built the house according to all the energy efficiency rules, and when he started construction back in 1983, there were only a few solar houses in the former Yugoslavia.

Production was started by the company "Domi Eko Solar".
It is the first factory for the production of photovoltaic panels in the country, writes "Balkan Green Energy News".

Helleniq Energy Holdings on Monday announced it has reached a binding agreement to buy a portfolio of solar power projects, with total power of 211 megawatts, from Mytilineos Energy & Metals through its subsidiary Helleniq Renewables for an undisclosed sum.

The new power plant in Saraorci will have a capacity of 9.95 MW, the electricity is intended for the domestic market, which is enough to supply about 2,500 households.
The laying of the foundation stone was also attended by the Minister of Mining and Energy, Dubravka Djedovi.