The day in 3 news: Record budget for the capital; Biggest solar park opens in 2025; Water bus to link Bulgaria, Romania

The day in 3 news: Record budget for the capital; Biggest solar park opens in 2025; Water bus to link Bulgaria, Romania

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Sofia mayor Terziev proposes record budget of 2.55 billion levs

The draft budget of Sofia for 2024 amounts to a staggering 2.556 billion levs, it was announced earlier today along with an invitation by the municipality to a public discussion in Sofia University on January 25th at 6 p.m.

Unfortunately, there is no working municipal council to discuss and accept the budget proposed by the mayor's team of Sofia. The next election of the chairman is scheduled for January 25, but it is unlikely a decision will be reached by then.

The focus of investment in Budget 2024 will be transport infrastructure, as well as schools, kindergartens and digitalisation, Mayor Vassil Terziev announced.

Bulgaria's largest solar park to launch in 2025

A few months after Czech company Rezolv Energy said it would buy the St. George's project for a 229-megawatt solar plant near Silistra, it has been formally approved by energy regulator KEVR. The investment, one of the largest by an external party in recent years, will cost around a quarter of a billion levs and be operational in the summer of 2025.

KEVR has issued a license for 199 megawatts of power, which the plant will be connected to, and thus supply electricity to the national grid. This does not prevent its installed power from being greater, since in practice photovoltaics rarely reach 100% load.

The installation at the site of the old airport in Silistra will be the country's largest and will boost solar production by more than 300 thousand megawatt hours per year. For reference, one of the largest solar projects - the Verila FPP, which was put into operation in the middle of last year, has half its capability.

Water bus to ferry passengers between Bulgaria and Romania

An amphibious bus bought by the County Council of the Romanian city of Calarasi will transport passengers across the Danube River between Bulgaria and its northern neighbor, said Bogdan Musat, head of the joint secretariat for cross-border cooperation, quoted by BTA.

The 35-seater bus, called the Frog Bus, costs about 900 thousand euros and was bought from Hungary where similar amphibious vehicles have been running in the Danube River since 2009. According to the Romanian media, a similar bus is also used in Portugal, but in the case of Romania, the amphibious vehicle will act as a passenger-only ferry between Calarasi and Silistra.

Sofia mayor Terziev proposes record budget of 2.55 billion levs

The draft budget of Sofia for 2024 amounts to a staggering 2.556 billion levs, it was announced earlier today along with an invitation by the municipality to a public discussion in Sofia University on January 25th at 6 p.m.

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