About Hybrid renewable storage tender price in Bulgaria 2026
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About Hybrid renewable storage tender price in Bulgaria 2026 video introduction
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6 FAQs about [Hybrid renewable storage tender price in Bulgaria 2026]
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.
What is the cost of co-located storage in Bulgaria?
The announcement of the tenders follows a public consultation initiated in October 2023. (BGN 1 = EUR 0.511/USD 0.557) The Bulgarian energy ministry on Thursday opened to applications two procedures to support renewable energy sources with co-located storage with an overall budget of over BGN 535 million (EUR 274m/USD 298m).
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.
How much money will be invested in Bulgaria's electricity system?
Energy minister Vladimir Malinov said the investments, worth up to BGN1,153,939,700 (US$657.4 million) “will guarantee the security and stability of the Bulgarian electricity system.” Tender bids must be submitted electronically, with more information available on this portal.
How will the selected storage systems be distributed in Bulgaria?
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.
How much funding does BG-rrp-4.032 offer?
Funding support is offered only for the storage component. In particular, procedure BG-RRP-4.032 “Support for new power generation capacities from renewable sources and electricity storage with an installed capacity of 200 kW to 2 MW” has a budget of about BGN 107.6 million.