The picturesque Black Sea coast of Bulgaria is becoming a focal point for renewable energy transformation, thanks to the recent success of Shanghai Sermatec Energy
The grant supports projects for the construction of electricity storage facilities from renewable sources, requiring a minimum capacity of 3000 MWh of usable energy, with connection to Bulgaria''s transmission and
From Bulgaria''s sun-drenched Black Sea coast to the energy heartland of Eastern Europe, Chinese energy storage technology is playing an increasingly vital role in
Actively Exploring Energy Storage Application Scenarios In the era when the industry is fully shifting toward marketization, the reform of the electricity spot market is accelerating, the mechanisms for energy storage
More ambitious projects – a European funded tender scheme for 1.4 GW/1.68 GWh renewables- plus-storage as well as 6 GWh of stand-alone storage – were previously announced but still
Battery energy storage – a fast growing investment opportunity Cumulative battery energy storage system (BESS) capital expenditure (CAPEX) for front-of-the-meter (FTM) and behind-the-meter
The selected projects will deliver a total usable battery energy storage system (BESS) capacity of 9,712.89 MWh, the Ministry of Energy said on April 17, more than three times the minimum target of 3 GWh originally set by
The funding will be made available and disbursed to the selected candidates following the successful implementation of the storage systems by March 2026. The energy
While growth has so far been driven primarily by residential storage systems in households, more and more energy suppliers, solar and wind farm operators, as well as industrial and commercial enterprises, are now
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.
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.
The successful implementation of battery projects will significantly contribute to the security of the energy system in Bulgaria and the region." The public call was open for projects equal to or greater than 10 MW
All facilities must be connected to Bulgaria''s grid and operational by March 2026. RESTORE is part of Bulgaria''s National Recovery and Resilience Plan (NRRP), which supports the country''s clean energy
Shanghai Sermatec Energy Technology secured a 430 MWh energy storage project in Bulgaria, offering a full-lifecycle solution to optimise grid efficiency. Sermatec began
The energy storage industry is currently facing multiple challenges that developers need to consider when planning for successful energy storage deployments.
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
Sermatec has secured a groundbreaking energy storage project in Bulgaria with a capacity exceeding 430 MWh, aiding Eastern Europe''s transformation towards sustainable energy.
Bulgaria and Romania grant Recovery and Resilience funding to gigawatts of energy storage-Vilion-Bulgaria supports 3.1GW of renewables and 1.1GW of storage The
Actively Exploring Energy Storage Application Scenarios In the era when the industry is fully shifting toward marketization, the reform of the electricity spot market is
Currently, Bulgaria''s electricity market offers an opportunity for €110 ($122) per MWh profit on battery energy storage with two hours of discharge capacity using energy arbitrage. Rystad Energy ''s analysis estimates battery
Bulgaria on Wednesday launched a long-delayed tender for at least 3,000 MWh of new energy storage capacity as part of its efforts to increase the share of renewable energy
As a core participant in this milestone project, Sermatec will deliver an integrated, full-lifecycle energy storage solution. By charging during off-peak hours to absorb low-cost
The announcements didn''t give more information than that, but local reports said the four additional BESS units will total ''at least'' 279MWh. The reports indicate the hydropower plants are run-of-river, while NEK also has
This auction is a crucial part of Bulgaria''s National Recovery and Sustainability Plan, aiming to support economic and social recovery post-pandemic while promoting the
Challenges Ahead While exciting, the project faces hurdles. Grid connection delays and fluctuating lithium prices could impact timelines. However, the government''s new 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 Bulgarian Ministry of Energy recently announced that it has granted construction permits for energy storage projects totaling 9,712.89MWh based on the results of
The draft for the RESTORE tender for support to energy storage facilities in the electricity transmission system was issued for public consultation.
Request for a minimum capacity of 10MWac; Have a technical advisor with previous experience in either a combined project for production and storage or standalone storage project with
Bulgaria is relying heavily on battery technology and energy storage overall in its energy transition. Belgian company ABEE launched a EUR 1.1 billion project in December for a battery plant, recycling facility and a
The project officially launched in August 2025 and is scheduled for delivery by the end of December, with grid connection and operation expected by March 2026. Sermatec will
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 storage facilities with a cumulative minimum usable capacity of 3 GWh.
The selected storage systems will be geographically distributed across Bulgaria and connected either to the national transmission grid or local distribution networks. All awarded projects must be operational by March 2026.
The deadline for submission of project proposals was December 5, 2024. The Bulgarian Ministry of Energy announced on December 6 that it has received 151 project proposals worth nearly BGN 5 billion, which far exceeded the available funding of BGN 1.154 billion. Of the submitted proposals, 118 projects—totaling BGN 1.6 billion—were shortlisted.
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 (approximately $675 million) in public funding.
