Bulgaria, European Bank for Reconstruction and Development sign renewables and energy storage agreements

By Jonathan Touriño Jacobo
April 5, 2023
LinkedIn
Twitter
Reddit
Facebook
Email
EU Member State since 2004, Bulgaria targets to have an installed capacity of 3.3GW for solar PV by 2030. Image: Neven Myst on Unsplash.

The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.

A key part of the National Plan for Recovery and Sustainability, the agreements will support the growth of new solar PV capacity as well as energy storage within the national infrastructure for the storage of electricity from renewable energy sources (RESTORE).

The EBRD will conduct an analysis of all existing energy storage technologies in order to determine the best-suited ones for the country, and will also organise tenders for the delivery of two turnkey systems.

To read the full version of this story, visit PV Tech.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Energy-Storage.news publisher Solar Media is extending its Large Scale Solar conference series to Southern Europe with the first edition in Athens, Greece during 4-5 July. The event will focus on an ever-growing market with a packed programme of panels, presentations and fireside chats from industry leaders. More information, including how to attend, can be read here.

24 February 2026
InterContinental London - The O2, London, UK
This isn’t just another summit – it’s our biggest and most exhilarating Summit yet! Picture this: immersive workshop spaces where ideas come to life, dedicated industry working groups igniting innovation, live podcasts sparking lively discussions, hard-hitting keynotes that will leave you inspired, and an abundance of networking opportunities that will take your connections to new heights!

Read Next

Premium
October 29, 2025
CAMMESA spoke at Energy Storage Latin America 2025 about Argentina’s latest standalone tender and what to expect in the future.
October 21, 2025
Leading energy storage technology companies, developers, operators and outstanding individuals are featured on the shortlists for this year’s Energy Storage Awards (ESAs).
October 20, 2025
Production has begun at a battery energy storage system (BESS) factory designated as a project of strategic importance by the European Commission (EC) due to its use of local supply chains.
October 17, 2025
European Association for Storage of Energy (EASE), which represents 70 member organisations across the industry value chain, has undergone a rebrand.
October 15, 2025
A flurry of grid-scale BESS project progress totalling more than a combined 1.5GWh in the past week, from Renalfa in Bulgaria, Engie in Romania, Nala Renewables in Finland and Metlen in Greece.

Most Popular

Email Newsletter