The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country''s latest procurement exercise. The Bulgarian Ministry
The Bulgarian government has opened public discussion for the country''s first renewable enenergy auction. Through the procurement exercise, it expects to allocate 1,425
The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country''s latest procurement exercise. The Bulgarian Ministry
The Bulgarian Ministry of Energy has launched two renewables-plus-storage tenders to the tune of BGN 535 million ($298 million), accepting bids from companies in all
The Bulgarian Ministry of Energy has announced the final results of the country''s first renewable energy auction. The government allocated BGN 526 million in funds to 397 projects in the procurement exercise. The
Further, calls by the Bulgarian Ministry for Energy for renewable energy plants with energy storage (crucial to divest reliance away from fossil fuels) have stipulated project deadlines for March 2026. This push in funding
It is the first energy-sector project supported by an InvestEU guarantee in Bulgaria, as well as the first sizeable PV plant to operate entirely without a government support
The Bulgarian Ministry of Energy has launched two renewables-plus-storage tenders to the tune of BGN 535 million ($298 million), accepting bids from companies in all sectors except agriculture
In Bulgaria too, utilities and independent power producers, grid operators, households or business and community consumers can all benefit from the different applications of energy storage
Bulgaria has officially inaugurated the largest battery energy storage system (BESS) in the Balkans, boasting a capacity of 496.2 MWh. This groundbreaking facility, located
Bulgaria has officially inaugurated the largest battery energy storage system (BESS) in the Balkans, boasting a capacity of 496.2 MWh. This groundbreaking facility, located in Lovech, is set to enhance the stability of the
The 82 successful projects were allocated under the "National infrastructure for storage of renewable energy" (RESTORE) procedure of Bulgaria''s National Recovery and Resilience Plan (NRRP). The available EU
As part of efforts to adapt and modernize the electrical grid to support renewable energies, battery energy storage systems ("BESSs") are being increasingly incorporated into
Bulgaria has installed between 40 MWh and 50 MWh of battery energy storge capacity to date. However, new national legislation as well as funds provided through the
In recent years, Bulgaria has increasingly prioritized the development of energy storage infrastructure as part of its broader transition to a more sustainable and resilient energy
It seeks to deliver at least 200 MW of wind and solar capacity in combination with at least 100 MW of storage. Grants can cover up to 50% of costs but no more than BGN 1.08 million, without value added tax (VAT), per 1 MW
Following a three-month delay, the Ministry of Energy of Bulgaria combined five planned procedures for grants for energy storage facilities into three and launched calls for two of them.
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.
Fortunately, Bulgaria sits in the privileged position where it can profit from the experiences of other energy systems with high renewable shares. Here, battery-based energy storage is integrated
In recent years, Bulgaria has increasingly prioritized the development of energy storage infrastructure as part of its broader transition to a more sustainable and resilient energy system. With growing renewable energy
Milbank LLP Quick reference guide enabling side-by-side comparison of local insights into market and legal frameworks; treatment of environmental attributes; government incentives and
A total of 151 project proposals were submitted in Bulgaria''s standalone energy storage procurement procedure named RESTORE, which is seeking to support the construction and commissioning of renewable energy
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
Share The Bulgarian Ministry of Energy has announced the final results of the country鈥檚 first renewable energy auction. The government allocated BGN 526 million in
The Integrated Energy and Climate Plan of Bulgaria 2021 – 2030 (the ''Integrated Plan'') envisions adding 2,600 megawatts of renewable capacity by 2030. In 2023, ESO confirmed applications for renewable energy
Under the RESTORE initiative, launched through Bulgaria''s National Recovery and Resilience Plan (NRRP), the Ministry of Energy has selected 82 projects that will collectively receive BGN 1.15 billion
The energy storage will be carried out by the operator of a storage facility which, on its end, can be built either at a new or existing site for the production or consumption of energy or as a standalone facility. At present,
Bulgaria''s Ministry of Energy will finance 82 standalone renewable energy storage projects with a combined grant budget of BGN 1.154 billion (~$675 million) under the EU-backed RESTORE procurement scheme.
The procurement procedure, named RESTORE, will offer nearly BGN 1.2 billion ($656 million) for the construction and commissioning of renewable energy storage facilities with a minimum usable energy capacity of
Minister Zhecho Stankov in Washington: Bulgaria reinforces its iosition as a reliable partner in Transatlantic energy cooperation A series of meetings with representatives of the U.S. Department of State and the Department of Energy
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 system is the largest in Bulgaria. Image: Renalfa IPP. A 25MW/55MWh battery energy storage system (BESS) has been commissioned in Bulgaria, Eastern Europe,
The act also introduced a framework for energy storage, which is critical for balancing an electricity system based on renewable energy. Another important piece of legislation was an
