There have been several well attended renewable energy conferences in
Bulgaria where EEI has made presentations about the need for comprehensive
feasibility studies to enable financing. The large numbers of people attending those conferences are an indication of
the increasing interest in Bulgaria as a country to invest in.
We have also published an article in Bulgarian journals repeating that
theme. Please see the attachment;
During 2006 EEI has formed a joint venture
company called Bulgarian Renewable Energy Company (BREC) in Bulgaria
together with Energy for Sustainable Development (ESD) a UK based company
which also has offices in Sofia. Please see
www.esd.co.uk
BREC uses the experience of EEI and
the capability of the ESD office in Bulgaria to develop low carbon energy
projects in Bulgaria. We are presently engaged in developing several
small hydro power plants and two wind power projects and we are also adding
further similar projects to that portfolio.
