Bulgaria Commits €600 Million to Nearly 10GWh in 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 capacity. The
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.
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.
A 25MW/55MWh project from IPP Renalfa and BESS supplier Hithium, the largest in Bulgaria. Image: Renalfa IPP. The deadline has now passed for Bulgaria's EU-backed support scheme for standalone energy storage, and the bids submitted amount to four times the available capital available.
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. From ESS News
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