Solar PV capacity accounted for 16.4% of total power plant installations globally in 2023, according to GlobalData, with total recorded solar pv capacity of 1,496GW. This is
Bulgaria''s Energy Minister Zhecho Stankov at the facility | Image: Ministry of Energy of the Republic of Bulgaria Bulgaria has inaugurated a 124 MW / 496.2 MWh battery energy storage system (BESS) in the town of
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, and Enery become partners in a large-scale photovoltaic project located in Byala Slatina, near
IPP Enery Development has formed a 50-50 joint venture with oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
Energy storage in Bulgaria is expanding rapidly as the government awards nearly 10 GWh of capacity to 82 projects, boosting renewable energy reliability and grid stability.
The estimated annual energy generation of the project is expected to exceed 265 GWh, sufficient to meet the energy needs of more than 45,000 households, while the operation of the project is
At the 2025 (10th) New Energy Industry Expo - New Energy PV ESS Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Ye Mingyuan, a senior ESS
Bulgaria Solar Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Bulgaria has taken a major step forward in its renewable energy strategy with the inauguration of a 124 MW / 496.2 MWh battery energy storage system (BESS) in the north-central city of Lovech.
solutions and All-in -one services for energy and power engineering projects. Based on the photovoltaic industry, Sente focuses on "solar PV, energy storage project design, solar PV
The solution is specially designed to solve the problem of photovoltaic consumption. By stores photovoltaic power in batteries directly and discharges it to the load at night, It has pretty of advantages in solving the consumption
Stankov also highlighted that this project is a crucial step towards achieving the national goal of 10 GWh of battery storage capacity by the end of next year. This ambitious target reflects Bulgaria''s commitment to
Eastern Europe''''s solar surge: spotlight on Bulgaria, Romania, and In 2023, Romania also witnessed a record-breaking year for solar, adding over 1 GW of new capacity through
For the purpose, OMV Petrom will purchase a 50% stake in the project developer, Dunav Solar Plant EOOD, from Enery Element, a joint venture between Enery Development and renewable energy firm Element Power RE
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.
Hanersun has announced the signing of an annual supply agreement with Bulgarian contractor Technoenergostroy for delivery of 12.65MWh of energy storage systems,
At the 2025 SMM Zero Carbon Path - PV and Energy Storage Summit hosted by SMM, Halim He, Director for the Middle East and Central Asia at CRRC Zhuzhou Locomotive
Search all the ongoing (work-in-progress) GUSESS projects, bids, RFPs, ICBs, tenders, government contracts, and awards in Bulgaria with our comprehensive online database.
A final investment decision (FID) is expected by the end of 2025. "By investing in one of the largest photovoltaic projects in Bulgaria, we are strengthening our presence on this
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,
Several key factors influence the ROI of a BESS. This article explores the various factors influencing the return of investment of BESS.
Energy Storage System Roadmap for India 2019-32 Energy Storage System (ESS) is fast emerging as an essential part of the evolving clean energy systems of the 21st century. Energy
European solar market update 2025 The past year has been dynamic for the European solar industry. While solar remains essential to Europe''s energy transition, 2024 brought its share of challenges. From shifts in availability to
Learn how to calculate IRR for solar PV projects. Discover key elements to calculate to make informed investment decisions in the renewable energy sector.
[Sigen''s 20MWh PV+ESS Project Lands in Bulgaria] Recently, Sigen New Energy''s official account announced that it had successfully completed the construction of a
Battery Asia Show 2025 Co-Located Event • Photovoltaic and ESS-related business exhibition in Asia aimed at promoting renewable energy project development and discovering potential buyers
As Southeast Europe (SEE) continues its shift towards sustainable energy, Bulgaria stands out as a key growth market, both in terms of potential and progress. At the
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
Enery Development GmbH (Enery) and OMV Petrom S.A. (OMV Petrom) have formed a joint venture to build and operate the Gabare photovoltaic project. The project will
The draft for the RESTORE tender for support to energy storage facilities in the electricity transmission system was issued for public consultation.
In Bulgaria, electricity generation within the Solar Energy market is anticipated to reach 1.73bn kWh in 2025. The market is expected to experience an annual growth rate of 2.19% during the
We anticipate a lot of Bulgarian-sponsored photovoltaic projects, such as the Sinitovo 50 megawatt peak capacity plan, to become operational. Finally, we hope for a discovery in the Han Asparuh oil & gas block by OMV Petrom
The new photovoltaic plant with the capacity of 165MW is added to the 18MW installed capacity of the Garda wind farm, already operated by the PPC Group in Bulgaria. PPC Group, on top of the 208MW of RES in operation or under construction, has an additional 550MW of RES in Bulgaria at various stages of development.
Today, more than 60% of the RES to be added are already under construction or ready for construction. In Italy, at the end of 2024, PPC Group announced the commencement of operation of two new photovoltaic plants, Carcarello and Luxenia, with a total installed capacity of 32 MW.
Committed to the vision to further enhance its leading role in the energy transition taking place in Southeast Europe, PPC Group strengthens its green portfolio with the construction of “Colosseum”, a new photovoltaic plant in Stara Zagora in central Bulgaria, with a capacity of 165 MWp.
At the same time, the co-located battery energy storage system, with 25 MW nominal capacity and 55 MWh installed capacity, which is expected to be completed simultaneously with the photovoltaic plant, will support the operation of the photovoltaic plant and contribute to the stability of the electricity system.
