How big is Bulgaria's solar power market?
This is a large market with rapidly increasing purchasing power. For the first time after a decade, a 58 MW new large-scale solar photovoltaic power plant of the Bulgarian company Real States was connected to the grid in April , with the expectation to be increased to 150 MW.
What should Bulgaria do about solar energy?
The authorities in Bulgaria need to take steps to systematically reduce barriers, fees, and surcharges on small and medium-sized solar PV systems, make it easier to connect to the grid and export the surplus electricity, and create a comprehensive policy and regulatory environment to catalyse investments.
Why is the market for distributed solar PV growing in Bulgaria?
As a result, the market for distributed solar PV in Bulgaria is starting to grow. Remarkably, the growth of the market is occurring despite the lack of a clear policy and regulatory framework, and in spite of the presence of many administrative and tax-related barriers.
What is the biggest solar PV plant to be built in Bulgaria?
This is also one of the biggest solar PV plants to be constructed in Bulgaria in recent years. With the solar PV plant, Aurubis Bulgaria will save some 11.700 MWh per year from grid electricity consumption (sufficient for approx. 12.000 households), which will cover an average of 2.5% of the electricity needs of its smelter facility.
Will solar power increase in Bulgaria in ?
According to Bulgaria’s NECP, the annual production of electricity from renewable energy sources is projected to increase from the current 8.673 GWh to 13.035 GWh in . To achieve this, solar PV generation is projected to increase the most — more than three-fold over the course of the next ten years.
How much solar power does Bulgaria have in ?
At the end of , Bulgaria's cumulative installed solar PV capacity exceeded 1,700 MW (1.7 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in . Local and international investors will build new solar projects between and .
Although there is a slight improvement, Bulgaria still remains the worst performing country in the EU when it comes to the rollout of rooftop solar PVs. Bulgaria’s government outlines plans for renewable energy, yet lacks concrete strategies for rooftop solar installations despite the country's
Although there is a slight improvement, Bulgaria still remains the worst performing country in the EU when it comes to the rollout of rooftop solar PVs. Bulgaria’s government outlines plans for renewable energy, yet lacks concrete strategies for rooftop solar installations despite the country's
Homeowners can apply for financial support for the installation of rooftop solar PV systems of up to 10 kWp, which may be paired with battery energy storage systems. The PV systems no larger than 10 kWp will be financed up to 70% with the maximum sum of BGN 15,000. In order to receive funding
Scaling-up Distributed Solar PV in Bulgaria. Berlin: E3 Analytics. https://www.e3analytics.eu/. This research was supported by the European Climate Foundation (ECF). 2. OVERVIEW OF THE ELECTRICITY SECTOR 3. BULGARIA’S RENEWABLE ENERGY TARGETS 4. DISTRIBUTED SOLAR PV IN BULGARIA: STATUS AND FUTURE
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