successful bid price of containerized BESS project in Bulgaria 2030

What is a Bess tender?

1. Expected Tender Requirements The BESS tender is part of Bulgaria’s RESTORE Project, which aims to provide funding for constructing and putting into operation at least MWh in battery storage capacity to enhance the balancing of the electricity system. Each enterprise can bid for up to BGN 148,642,080 in grant support.

How much financing is available for a Bess project?

The maximum financing for one project for one enterprise is up to BGN58.7 million. The financing will cover up to 50% of the eligible costs, with a maximum of BGN743,215 for 1MW of installed capacity of the BESS. The Bulgarian government started a public consultation on the country’s first renewable energy auction in October .

What is the deadline for submitting project proposals in Bulgaria?

The deadline for submission of project proposals was December 5, . The Bulgarian Ministry of Energy announced on December 6 that it has received 151 project proposals worth nearly BGN 5 billion, which far exceeded the available funding of BGN 1.154 billion. Of the submitted proposals, 118 projects—totaling BGN 1.6 billion—were shortlisted.

What are the requirements for a Bess project?

Have a BESS design. The maximum capacity an applicant and linked enterprises can request funding for is 600 MWh. As of the application date, the entity must secure a valid grid connection statement or agreement with an electrical system operator (ESO) with the putting into operation date being no later than 31 March .

Battery energy storage systems The case of Bulgaria: recent

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We are pleased to have played our part in the development of this tender, and we look forward to seeing the establishment of new battery storage on the Bulgaria networks,

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Battery energy storage systems The case of Bulgaria: recent

A seat within the European economic zone; Secured a 3% bid bond calculated on the requested grant amount; Equity of more than BGN 6m for BESS between 20 MWh and 50 MWh and BGN