Bulgaria plans to support a total of 1.4 GW new wind and solar projects alongside 350 MW co-located battery energy storage systems (BESS) via a grant of almost EUR 340 million from EU’s National Recovery and Resilience Plan (NRRP).
The energy ministry has put out for public consultation the draft documents for application and implementation of the scheme (open until 6 November 2023). This comes just days after the parliament voted on second reading some long-overdue changes to the country’s Renewable Energy Act that paved the way for the Bulgarian Sustainable Energy Development Agency (SEDA) to become a full AIB member.
Scheme parameters Elegible projects could be granted up to 50 % of the project cost, but no more than Leva 1.1 million (EUR 562,421) per 1 MW of installed capacity, which will be disbursed for the development of the energy storage component only. The fir…
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