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.
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 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 .
What is the largest Bess system in Bulgaria?
The largest BESS online today in Bulgaria is a 25MW/55MWh system deployed by independent power producer (IPP) Renalfa and lithium-ion and BESS manufacturer Hithium.
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