The development of Units 7 and 8 at Bulgaria''s Kozloduy nuclear power plant is moving steadily forward, with the final investment decision expected in 2026, according to Petyo Ivanov, CEO
A total of 249 projects focused on renewable electricity production and energy storage, valued at nearly 268 million euros will be funded through Bulgaria''s National Recovery
Transformation of AES Galabovo into a large-scale energy storage facility using proven technology implemented in concentrated solar power plants (CSP) using molten salts
Recently, Shanghai Sermatec Energy Technology Co., Ltd. achieved a major breakthrough in the European market by securing a 430+ MWh energy storage procurement
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
Summary: Bulgaria''s newly signed energy storage project marks a pivotal step in balancing renewable energy supply and grid stability. This article breaks down its technical scope,
The newly announced projects will help achieve this, providing an estimated 3 gigawatts of renewable energy and 1.2 gigawatts of energy storage. The projects will focus on solar and
Stankov also highlighted that this project is a crucial step towards achieving the national goal of 10 GWh of battery storage capacity by the end of next year. This ambitious
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
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
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
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
The deadline for putting the project into operation is 31 March 2026. A key requirement is that a conceptual design of the project must be submitted in the application
"I am satisfied with the serious interest in the construction of renewable energy storage facilities. This ensures a significant increase in the share of renewable energy in the
On 21 August 2024, the Bulgarian Ministry of Energy opened a tender procedure for National infrastructure for storage of renewable energy (RESTORE) for granting stand-alone battery
Launched in August 2025, the project is expected to be operational by March 2026, with the integration into Bulgaria''s energy grid anticipated for early 2026. Sermatec will provide ongoing
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
Technology-Enabled Returns: Unlocking Higher Investment Value As a core participant in this milestone project, Sermatec will deliver an integrated, full-lifecycle energy
For the first time in Bulgaria, renewable energy and storage auctions were conducted, marking this project as a trailblazing initiative in the transition to clean energy. The
Sermatec has secured an energy storage project in Bulgaria, set to enhance the region''s energy transition with over 430 MWh of capacity. This marks a significant
Sermatec has secured a huge energy storage project in Bulgaria, exceeding 430 MWh. This initiative aims to electrify Eastern Europe''s energy landscape and promote green energy.
The call for autonomous energy storage projects in Bulgaria received proposals totaling €2.55 billion, 4.3 times the allocated budget of €581 million. However, access to funding remains uncertain.
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
Bulgaria''s Ministry of Energy has launched a public consultation on a new round of its subsidy program for battery energy storage projects, aimed at facilitating the integration of
The projects, which aim to increase Bulgaria''s renewable energy capacity and bolster energy storage infrastructure, have undergone evaluation, with a project completion
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.
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.
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.
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