According to the terms of the agreement, Inea Consulting Ltd. has the right to present this battery energy storage system (BESS) project, which is in the mid-development
Sunotec and Sungrow have signed a strategic agreement to install 2.4 GWh of battery energy storage systems (BESS) across several solar projects in Bulgaria and other European markets. The portfolio includes large
Key changes to the ZEVI came into effect in June 2025, easing procedures and deadlines for RES projects. Find out how these changes will accelerate investments in photovoltaic systems in Bulgaria.
Home - News - Content Bulgaria Is Promoting Standalone Battery Storage Upto 10GW Apr 25, 2025 STANDALONE BATTERY STORAGE Bgaria will finance 82 standalone battery storage projects worth over 1.15
SERMATEC, a pioneer in renewable energy solutions, has launched an innovative 5.1MW/17.8MWh commercial and industrial energy storage system in Bulgaria. This groundbreaking project is set to
CEELM: What are the main/largest energy projects you expect to be finalized in Bulgaria in 2025? Piperkova: To name a few, we expect to have the first Enka project in Bulgaria – the Kameno 40-megawatt peak photovoltaic project – in
We have deep partnerships with leading companies for solar panels, storage batteries and connecting system components to ensure homeowners have a reliable and trouble-free
Bulgaria will finance 82 standalone renewable energy storage projects worth over 1.15 billion levs ($675 million) under its EU-funded procurement exercise named RESTORE.
Austrian renewable energy firm Enery and Romanian oil and gas company OMV Petrom have agreed to jointly develop a large-scale solar and battery storage project in north
Bulgaria''s standalone energy storage tender, which aimed to procure at least 3 GWh of cumulative usable capacity, ultimately awarded more than three times that amount.
OMV Petrom and Enery become partners in a large-scale photovoltaic project located in Byala Slatina, near Sofia, Bulgaria. Thus, OMV Petrom acquires from Enery Element
The Ministry of Energy of Bulgaria prepared EUR 589 million in grants for standalone energy storage projects. The deadline for applications is November 21. With the
The public call was open for projects equal to or greater than 10 MW with at least two hours of storage capacity, which will be primarily used in the frequency regulation markets. There was no minimum amount of financing per
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the countrys largest solar installations.
To support Bulgaria''s transition to a more sustainable and diversified energy mix, IFC is financing a 225-megawatt (MW) direct current solar photovoltaic (PV) project
Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
CEELM: What are the main/largest energy projects you expect to be finalized in Bulgaria in 2025? Piperkova: To name a few, we expect to have the first Enka project in Bulgaria – the Kameno
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 part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth
Catalyze Secures $400 Million Financing from ATLAS SP Partners to Support Distributed Energy Portfolio March 14, 2025 Multiyear Debt Warehouse Facility to Fuel
While the energy storage market continues to rapidly expand, fueled by record-low battery costs and robust policy support, challenges still loom on the horizon—tariffs, shifting tax incentives, and supply chain uncertainties
Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies.
The project is designed for the potential integration of a battery energy storage system of up to 600 MWh. The two companies plan to invest approximately €200 million in this
The RESTORE programme aims to help Bulgaria increase its share of wind and solar in the electricity mix while maintaining grid stability and security. Storage projects will be
This financing arrangement is the largest construction warehouse facility for domestic renewable projects and builds on the initial $700 million warehouse credit facility established in January
Sunotec and Sungrow have signed a strategic agreement to install 2.4 GWh of battery energy storage systems (BESS) across several solar projects in Bulgaria and other
The Bulgaria solar energy market exhibits regional variations in terms of solar resource potential, market maturity, and project development. The following regions are key contributors to the
Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
CMS Sofia acted as lead legal advisor to United Bulgarian Bank (part of the KBC Group) and the sponsor Solaris Parks, a leading Bulgarian renewable energy developer,
A battery energy storage system (BESS) of up to 600 MWh capacity is an option for future consideration OMV Petrom, the largest integrated energy producer in South-Eastern Europe,
On 21 August 2024, the Bulgarian Ministry of Energy opened a tender procedure for National infrastructure for storage of renewable energy (RESTORE) for granting stand-alone battery
OMV Petrom expands regional presence by participating in one of Bulgaria''s largest photovoltaic projects OMV Petrom acquires 50% of the shares in the Gabare solar
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 600MWh.
