In parallel, Bulgaria recently completed its first renewable energy auction, awarding over 3 GW of generation capacity and 1.176 GW of energy storage — a major step forward. Onshore wind
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Bulgaria will finance 82 standalone renewable energy storage projects worth over 1.15 billion levs ($675 million) under its EU-funded procurement exercise named RESTORE.
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Bulgaria''s Ministry of Energy has officially announced the final results of the country''s first renewable energy auction. In this procurement event, the Bulgarian government allocated a total of
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Under two calls in Bulgaria, developers of 249 projects will receive EUR 268 million in total state aid. The programs are for renewable electricity plants with energy storage units. The Bulgarian
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The Ministry of Energy in Bulgaria has concluded the country''s maiden renewable energy auction, selecting over 3 GW of new generation capacity, along with 1.176 GW of energy
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These developments come on the heels of Bulgaria''s first renewable energy auction held in late 2024, where more than 3 GW of generation and 1.176 GW of storage capacity were secured.
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Bulgaria has a pipeline of around 3 GW of wind projects in advanced development, offering the prospect of reviving a sector that has seen no new utility-scale wind farms in more than a
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The first group contracted 435 MW of generating capacity and 176 MW of storage, while the second group secured 2.66 GW of generating capacity and 1 GW of storage. The selected
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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 wind power, as well
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