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

By Jonathan TouriƱo Jacobo
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

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Energy-Storage.news publisher Solar Media is extending itsĀ Large Scale Solar conference series to Southern Europe with the first editionĀ in Athens, Greece during 4-5 July.Ā 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 beĀ read here.

3 November 2026
MƔlaga, Spain
Understanding technology and supplier selection for Europe’s utility-scale PV market in 2027. PV ModuleTech Europe 2026 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of PV module, inverter and battery supplier selection; product availability, technology offerings, supply chain traceability, quality assurance, factory auditing, system reliability, and supplier bankability.
22 February 2027
InterContinental London - The O2, London, UK
The Future of Energy Storage Starts Here Three days in London where developers, IPPs, investors, utilities and the manufacturers building the technology come to close deals, not swap business cards. If you need to be in the room with the people deploying capital into European storage, this is that room.

Read Next

Premium
October 28, 2026
ESN Premium meets Peter Fath, CEO of Valo, about the newly launched energy storage joint venture’s next steps and broader strategy.
October 28, 2026
Sodium-ion’s position has strengthened substantially in the past 12 months but its adoption in Europe depends on several key factors including data centres and their use case, an analyst said.
October 28, 2026
South Korean battery giant LG Energy Solution (LG ES) has signed a non-binding memorandum of understanding (MOU) with owner-operator Energix-Renewable Energies to expand collaboration on energy storage projects in Europe and the US.
October 28, 2026
India’s storage market is expanding, but project delivery depends on predictable procurement, domestic manufacturing and revenue models that support investment.
October 27, 2026
Owner-operator Giga Storage has finalised financing for the construction of its 350MW/1,400MWh Albatross energy storage project near Neuenkirchen in Lower Saxony, Germany.