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Reforms and Investments

Support for new capacities for electricity generation from renewable sources and electricity storage

  • Project

The Recovery and Resilience Facility provides EUR 342 million to increase the share of clean energy in the energy mix of Bulgaria by supporting the installation of new renewable power production capacity together with electricity storage.

The investment consists of grants for the construction of the selected installations, for installing and putting into operation of at least 1 425 MW of renewables power production capacity co-located with at least 350 MW of energy storage systems.

The implementation of the investment is expected to be completed by 30 June 2026.

The first two calls for proposals were launched on 14 March 2024 with a deadline 12 June 2024.

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