Bulgarian businesses can apply for funding under two new tenders that aim to facilitate 1,425 MW of renewable energy generation capacity coupled with 350 MW of energy storage.
Funding support is only offered for the storage component.
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,
forestry, and fishery.
The first tender, with a total budget of BGN 107.6 million, will finance the construction of solar and
wind projects and co-located energy storage facilities with installed capacities between 200 kW
and 2 MW. The procedure seeks to facilitate the development of at least 200 MW of renewable
energy production and 100 MW of energy storage.
The second procurement exercise, with a budget of BGN 427.5 million, will support new solar and
wind projects and energy storage facilities with a total installed capacity of more than 200 kW. The
procedure aims to develop at least 940 MW of renewable energy generation and at least 200 MW
of energy storage.
https://www.pv-magazine.com/2024/03/15/bulgaria-launches-renewables-plus-storage-tenders/
Don't miss out on the excitement! Reserve your spot at one of our upcoming events:
SCALE UP WITH WOLVES AND EUROPEAN CVC AWARDS
26 March 2024, Spielfeld Digital Hub, Germany + online
WOLVES SUMMIT CEE
8-9 May 2024, Copernicus Science Centre, Warsaw, Poland + online