The procurement procedure, named RESTORE, will offer nearly BGN 1.2 billion ($656 million) for the construction and commissioning of renewable energy storage facilities with a minimum usable energy capacity of 3,000 MWh, the ministry said in a press release on Tuesday.
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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.
Bulgaria’s energy storage tender is open to all technologies, but most projects are likely to have proposed lithium-ion battery energy storage systems (BESS) and Malinov mentioned battery projects in his comment.
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.
As Europe races toward climate neutrality, Bulgaria’s surge in storage capacity signals a shift not only in national priorities but also in regional energy dynamics.
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.
The selected projects will deliver a total usable energy storage 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 project proposals was December 5, 2024.
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