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Bulgaria Launches Renewables Energy & Storage Tenders

published: 2024-03-18 15:39

The Ministry of Energy in Bulgaria has launched 2 separate calls to build new renewable energy capacity and energy storage facilities in the country with more than BGN 535 million ($298 million) budget.

The BG-RRP-4.032 tender will support new solar and/or wind power projects with co-located energy storage facilities. A budget of BGN 107.57 million ($60 million) has been allocated to aid the construction of at least 200 MW wind and solar capacity along with 100 MW of storage. Projects can have an installed capacity of 200 kW to 2 MW.

The maximum grant available for a single project will cover up to 50% of the eligible costs but it cannot exceed BGN 1.08 million ($0.60 million) for 1 MW of installed energy storage capacity.

The other procurement call BG-RRP-4.033 will also support new solar and/or wind energy projects with co-located storage facilities with an installed capacity of more than 200 kW. The total budget for this round is BGN 427.5 million ($238 million) to aid the development of a minimum 940 MW renewable energy and 200 MW storage capacity.

Eligible applicants for both these tenders can come from all sectors of the economy, barring those from agriculture, forestry and fisheries.  

The tenders have been issued under the country’s National Recovery and Resilience Plan through which it targets to install 1.425 GW new renewable energy and 350 MW energy storage capacity to the national grid.

Launched on March 14, 2024, the last date for bid submission for these tenders is June 12, 2024.

The launch of these tenders follows a consultation round opened by the ministry in October 2023 for 520 MW wind and solar energy along with 150 MW storage capacity.


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