Successful bid price of office building energy storage project in Bulgaria 2025

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 final decision, announced on April 17, 2025, concludes a competitive selection process that began with 151 prop
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Bulgaria will finance 82 independent renewable energy storage projects worth over 1.15 billion leva (588 million euros) under the EU-funded program called RESTORE, the Energy Ministry in Sofia announced last week.

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The selected projects—funded under the EU-supported RESTORE program—will receive up to 50% of construction and commissioning costs, aiming to reinforce grid stability as

Bulgaria Receives 151 Bids for Renewable Energy Storage Projects

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

6 FAQs about [Successful bid price of office building energy storage project in Bulgaria 2025]

How many project proposals were submitted in Bulgaria's energy storage procurement procedure?

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.

How many renewables & energy storage projects have been supported in Bulgaria?

It follows the results from a similar scheme in Bulgaria which provided financial support for renewables and energy storage projects, which saw some 3,095MW of renewables and 1,176MWh of projects win support, announced last month.

Why is energy storage growing in Bulgaria?

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.

What is the largest energy storage project in Bulgaria?

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.

Will battery projects improve energy security in Bulgaria?

The successful implementation of battery projects will significantly contribute to the security of the energy system in Bulgaria and the region.” The scheme was opened by the Ministry in May, and approved by the EU last month.

How much money does the NRRP provide for energy projects in Bulgaria?

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.

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