Functions, Editors' Blog, Long Reads
The tenders intend to increase the share of tidy energy in Bulgaria's energy mix. Image: Bulgaria's Ministry of Energy
Bulgaria's Ministry of Energy has actually introduced 2 tenders to include 1,425 MW of eco-friendly power generation to the grid and 350MW of battery energy storage system (BESS) jobs.
The ministry stated the primary goal of the financial investment, amounting to BGN535.1 million (US$ 298.2 million), is to increase the share of tidy energy in Bulgaria's energy mix by supporting the building and construction and combination of renewables into the grid.
This short article needs Premium SubscriptionBasic (FREE) Subscription
Open endless gain access to for 12 entire months of distinct international analysis Photovoltaics International is now consisted of.
- Routine insight and analysis of the market's most significant advancements
- Thorough interviews with the market's leading figures
- Limitless digital access to the PV Tech Power journal brochure
- Unrestricted digital access to the Photovoltaics International journal brochure
- Access to more than 1,000 technical documents
- Discount Rates on Solar Media's portfolio of occasions, in-person and virtual
Or continue reading this short article totally free
With a spending plan of BGN107.6 million, the very first tender will fund the building of solar and wind tasks and co-located BESS with a set up capability of 200kW to 2MW. In this tender, a minimum of 200MW of production capability from renewables in mix with a minimum of 100MW of BESS will be constructed. The optimum quantity of funding for a job depends on BGN35.9 million.
The funding will cover to 50% of the qualified expenses however not more than BGN1.08 million per 1MW of set up BESS capability.
The 2nd tender's spending plan reaches BGN427.5 million, supporting brand-new solar and wind jobs, together with BESS, with a set up capability of more than 200 kW. This tender intends to construct a minimum of 940MW of renewables capability in mix with a minimum of 200MW of BESS. The optimum funding for one task for one business depends on BGN58.7 million.
The funding will cover to 50% of the qualified expenses, with an optimum of BGN743,215 for 1MW of set up capability of the BESS.
Business from all sectors in Bulgaria can send quotes for the tender other than farming, forestry and fisheries, and the due date for sending job propositions is 12 June 2024.
On that note, the Bulgarian federal government began a public assessment on the nation's very first renewable resource auction in October 2023, with a proposed capability of 570MW for wind and solar for the very first tender. The primary goal of the tender round was to motivate contributions to increase the share of tidy energy in Bulgaria's energy mix en route to environment neutrality.
Prior to these tenders, in February, the European Bank for Reconstruction and Development (EBRD) backed a EUR25 million (US$ 27 million) financial investment into a 112.5 MW solar PV job in north-eastern Bulgaria.
