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

By Jonathan Touriño Jacobo
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).

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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.

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.

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