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 proposals in.
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Introduction Following the successful completion of the first tender process for the provision of investment and "1st operating aid to battery storage projects (the BESS Tender"), RAE issued
Bulgaria has taken a major step forward in its renewable energy strategy with the inauguration of a 124 MW / 496.2 MWh battery energy storage system (BESS) in the north-central city of Lovech.
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Image: Ministry of Energy. Bulgaria''s Ministry of Energy has approved €588 million in funding for 82 standalone battery energy storage projects, totaling nearly 9.7GWh of
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A South African investor opened a battery factory in Rousse last year Bulgaria is relying heavily on battery technology and energy storage overall in its energy transition.
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The 82 successful projects were allocated under the "National infrastructure for storage of renewable energy" (RESTORE) procedure of Bulgaria''s National Recovery and Resilience Plan (NRRP). The available EU
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"The installation, built from 111 battery containers near Lovech, will help keep Bulgaria''s energy system the most stable in the region," Stankov said. Such storage secures the grid and keeps household and business prices
Developers of 82 standalone battery storage projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies from the Ministry of Energy.
A battery energy storage system (BESS) described as the largest deployed to date in the European Union (EU) has been commissioned in Bulgaria. Officials with the country''s Ministry of Energy said
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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.
Eligibility is restricted to applicants (or the shareholders of applicants), which prove equity on their balance sheets of more than BGN 6 million for battery storage projects
"The repaired hydropower unit of the Chaira Hydroelectric Power Plant is about to undergo tests for launch in early 2025." (Mediapool, 24 October 2024) "No applicants: The second attempt to
Bulgaria''s Energy Minister Zhecho Stankov at the facility | Image: Ministry of Energy of the Republic of Bulgaria Bulgaria has inaugurated a 124 MW / 496.2 MWh battery energy storage system (BESS) in the town of
Research firm Fastmarkets recently forecast that average lithium-ion battery pack prices using lithium iron phosphate (LFP) cells will fall to US$100/kWh by 2025, with nickel manganese cobalt (NMC) hitting the same
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.
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.
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.
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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