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 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.
What is the largest Bess system in Bulgaria?
The largest BESS online today in Bulgaria is a 25MW/55MWh system deployed by independent power producer (IPP) Renalfa and lithium-ion and BESS manufacturer Hithium.
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 .
How much is the energy investment in Bulgaria worth?
The ministry released a statement a day prior to the application window’s opening. Energy minister Vladimir Malinov said the investments, worth up to BGN1,153,939,700 (US$657.4 million) “will guarantee the security and stability of the Bulgarian electricity system.”
How much money will be invested in Bulgaria's electricity system?
Energy minister Vladimir Malinov said the investments, worth up to BGN1,153,939,700 (US$657.4 million) “will guarantee the security and stability of the Bulgarian electricity system.” Tender bids must be submitted electronically, with more information available on this portal.
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