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Home » News » Electricity » Bulgaria grants EUR 587 million to 82 battery storage projects Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies.
Another development that can boost battery storage in Bulgaria is a recent update of national legislation to include battery energy storage systems as a component of the grid.
Currently, Bulgaria's electricity market offers an opportunity for €110 ($122) per MWh profit on battery energy storage with two hours of discharge capacity using energy arbitrage. Rystad Energy 's analysis estimates battery system costs at a flat €60 ($67) per MWh.
Bulgaria has installed between 40 MWh and 50 MWh of battery energy storge capacity to date. However, new national legislation as well as funds provided through the European Union's Recovery and Resilience Facility (RRF) could add another 1 GWh of storage capacity over the next two years.
Approximately 200 million EUR investments to encourage the combination of new renewables with local electricity storage facilities (totaling around 200 MW); Transformation of AES
Bulgaria has 500 MW/1,300 MWh of batteries online and could reach 7,000–10,000 MWh within 12–18 months, ESO says, supporting 10%–15% of daily power needs. Bulgaria now has
Bulgaria approves funding for 31 battery energy storage projects totaling 4 GWh under the RESTORE 2 program.
The battery energy storage system is the first phase of a 315 MW/760 MWh system that is being developed alongside 238 MW of solar under Bulgaria''s largest hybrid power project to date,
The production of battery energy storage technologies is outlined in the national roadmap for sustainable energy production in Bulgaria, with a full focus on the objectives set out in the
Bulgaria has installed between 40 MWh and 50 MWh of battery energy storge capacity to date. However, new national legislation as well as funds provided through the European Union''s
The innovative Bulgarian project for the production of energy storage batteries BG EXERON X-BESS has been granted strategic status under the European Commission''s Net Zero
Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies.
Bulgaria''s Ministry of Energy has approved €588 million in funding for 82 standalone battery energy storage projects, totaling nearly 9.7GWh of usable capacity.
Bulgaria''s second standalone energy storage procurement exercise of 2025, worth close to BGN 229 million ($137.2 million), received a lot of interest and there are 30 project proposals
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