Bgaria will finance 82 standalone battery storage projects worth over 1.15 billion levs ($675 million) under its EU-funded procurement exercise named RESTORE.
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 tender. The deadline for submission of standalone battery storage 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.
All investments must be implemented and the facilities connected to the electricity transmission or distribution networks on the territory of Bulgaria and put into operation by March 2026.
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In Bulgaria, the storage of solar energy in batteries is rapidly expanding, with private investors leading the initiative. According to the “Electricity System Operator” (ESO), …
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Image: Ministry of Energy. Bulgaria’s Ministry of Energy has approved €588 million in funding for 82 standalone battery energy storage projects, totaling nearly 9.7GWh of usable …
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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 …
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Around 500 MW of battery energy storage systems (BESS) with a storage capacity of some 1,300 MWh are now installed in Bulgaria and helping balance the country’s …
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Bulgaria’s second standalone energy storage procurement exercise of 2025, worth close to BGN 229 million ($137.2 million), received a lot of interest and there are 30 project …
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In 2024, GSL ENERGY successfully installed a 7.45MWh industrial-grade BESS energy storage battery system in Bulgaria, integrated with solar photovoltaic power generation, …
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GEN-I’s Growing Influence in Southeast Europe’s Bulgaria battery storage Market The two battery storage facilities are expected to be fully operational by the end of March …
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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 …
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Approximately 200 million EUR investments to encourage the combination of new renewables with local electricity storage facilities (totaling around 200 MW); Transformation of …
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Bulgarian solar power plant operator Sunterra RE added co-located energy storage to its operational portfolio. The company’s three photovoltaic systems, with 524 MW in …
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