Tag: Maritsa East 2

RiTE Gacko recorded 0.87 million euros profit in the first nine months of 2020 – Bosnia and Herzegovina, 18 December 2020

Coalmine and thermal power plant (RiTE) Gacko, operated by power utility ERS, recorded a net profit in the amount of some 870,000 euros in the first nine months of 2020, compared to a net loss of 15 million euros in the same period last year. The company’s operating income increased by 31 % in th […]

TPP Maritsa East 2 continues to accumulate debt – Bulgaria, 11 December 2020

The financial situation at Bulgaria’s state-owned coal-fired thermal power plant Maritsa East 2 continues to deteriorate rapidly, despite the generous state aid it has received this year. The loss reported at the end of September increased by 97.7 million euros, while debts increased by an addit Full article available for subscribers of Energy NEWS service […]

Greenpeace calls for coal phaseout by 2030 – Bulgaria, 20 August 2020

Greenpeace Bulgaria calls for coal phaseout by 2030, 20 years earlier than envisaged by the national plan, due to irreparable damages that will be caused by maintaining coal-fired thermal power plants. Greenpeace Bulgaria’s energy solutions coordinator Balin Balinov singled out Greece as an excel Full article available for subscribers of Energy NEWS service (PDF publications, […]