The newly announced projects will help achieve this, providing an estimated 3 gigawatts of renewable energy and 1.2 gigawatts of energy storage. The projects will focus on solar and
The expected application period is three months from announcement date, which should be in August or September 2024. The projects approved for grant funding must be in
All in all, 3,095MW of renewables projects and 1,176MW of energy storage projects won in the tender. Projects will need to be operational by 31 March, 2026. The funding
In Hungary, up to 45% of the project costs for large-scale battery storage are covered by grants, in addition to a CfD program and grid connection facilitations. See also: Central & Eastern Europe - Utility-scale storage market
The project is being constructed by Chint Green Energy and is expected to open in the first quarter of 2026. Image: PPC Renewables. Greek renewables developer PPC has acquired an 88MW solar PV
PPC will add an 88-MW solar farm in Vedrare, Bulgaria, to its portfolio in Q1 2026, boosting annual green output by 140 GWh and cutting 70 kt of CO₂, as part of its drive toward 11.8 GW
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
Enery and OMV Petrom form a 50-50 joint venture to build the 400 MW Gabare solar park in Bulgaria, eyeing 600 MWh storage and EUR 200 m investment by 2027.
As Europe races toward climate neutrality, Bulgaria''s surge in storage capacity signals a shift not only in national priorities but also in regional energy dynamics.
Bulgaria''s RESTORE program —funded by the EU''s Recovery and Resilience Facility (RRF)—has unlocked 9.7GWh of battery storage capacity across 82 projects, tripling its initial 3GWh target .
Investors in large solar power plants in Bulgaria don''t seem intimidated by zero and negative wholesale electricity prices eating away at their revenues. One of the factors is a surge in the
Solar energy in the United States is booming. Along with our partners at Wood Mackenzie Power & Renewables, SEIA tracks trends and trajectories in the solar industry that demonstrate the diverse and sustained growth of solar across the
Shanghai Sermatec Energy Technology has been awarded a contract for a 430+ MWh energy storage procurement project in Bulgaria. The company will provide a comprehensive, full
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains
A battery energy storage system (BESS) described as the largest deployed to date in the European Union (EU) has been commissioned in Bulgaria. Officials with the country''s Ministry of Energy said
The deadline has now passed for Bulgaria''s EU-backed support scheme for standalone energy storage, and the bids submitted amount to four times the available capital
The Ministry of Energy in Bulgaria has concluded the country''s maiden renewable energy auction, selecting over 3 GW of new generation capacity, along with 1.176
The company''s investment plan includes Italy, where it recently commissioned the first two solar parks. Public Power Corp. – PPC Group said it commenced the construction of a photovoltaic plant in Stara Zagora in central
Bulgaria project and timeline The project began in August 2025 and is scheduled for completion by December 2025, with grid connection and commissioning planned for March
The projects, which aim to increase Bulgaria''s renewable energy capacity and bolster energy storage infrastructure, have undergone evaluation, with a project completion
According to information on the Smart Solar Technologies website, the production of solar panels is expected to begin by the end of 2025, and that of solar cells - in 2026.
In Hungary, up to 45% of the project costs for large-scale battery storage are covered by grants, in addition to a CfD program and grid connection facilitations. See also:
The deadline for putting the project into operation is 31 March 2026. A key requirement is that a conceptual design of the project must be submitted in the application
The pace of large photovoltaic projects in Bulgaria indicates that total capacity can reach 6 GW by the middle of next year. The expansion isn''t slowing down. Investors in
The projects funded by this initiative are expected to contribute around 3 GW of new renewable energy capacity and approximately 1.2 GW of energy storage to Bulgaria''s
Solar installation, Aytos Solar power in Bulgaria was expanded by 100 megawatts (MW) in 2011. A 16.2 MW solar power plant in Zdravetz, Bulgaria was expected to be completed in June 2012,
In its EU Market Outlook for Solar Power 2022-2026, SolarPower Europe (SPE) expected Bulgaria''s cumulative PV capacity to have reached 1.54 GW at the end of 2022. In
Over 140 giant battery projects above 1 GWh each are already planned through 2026, dozens of which are multi-gigawatt-hour endeavors linked with renewable generation . This fast-growing marriage of solar and storage is
The EU Market Outlook for Solar Power 2022-2026 contains an updated forecast for the EU solar market in 2022 and projections of the evolution of the market through 2026.
Bulgaria will develop around 6 GWh of battery storage capacity by mid-2026 and build a battery manufacturing plant near the town of Stara Zagora in central Bulgaria, said
Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international
The Gabare solar PV project will be located in the northwest of Bulgaria and will be built to allow the potential co-location of a battery energy storage system (BESS) of up to
Bulgaria greenlights 249 renewable energy projects, investing EUR 269 million to boost sustainability with 2,660 MW of new energy parks and 1,000 MW of battery capacity!
