Romania: Hidroelectrica signs €20M...

Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to...

Greece: EIB approves €25.9...

The European Investment Bank (EIB) has approved a green financing package of €25.9...

Greece and Egypt sign...

Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation...

Bulgaria: Alexandroupoli LNG terminal...

The liquefied natural gas (LNG) terminal in Alexandroupoli, Greece, is preparing to increase...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria sees growth...

Bulgaria sees growth in renewable energy capacity, despite challenges and delays

In 2024, Bulgaria added 938 MW of renewable electricity capacity, building on a record-breaking 1.2 GW of solar capacity installed in 2023. By the end of the year, projects totaling 4.1 GW were awaiting connection to the national grid.

The country’s electricity transmission system operator, ESO, reported that 481 renewable energy facilities were commissioned in 2024, with solar power making up the majority of the new capacity. However, Bulgaria has not commissioned any new wind farms since 2012, largely due to administrative challenges, legal uncertainties, and local opposition.

The solar sector in Bulgaria has flourished, reflecting a similar trend in neighboring Romania. According to the Sustainable Energy Development Agency (SEDA), Bulgaria’s total solar capacity exceeded 3.6 GW in 2023. Despite this growth, political instability over the past few years has delayed access to hundreds of millions of euros in EU grants, leaving significant funding untapped.

As of December 18, 2024, 125 renewable energy facilities, totaling 1.12 GW, were connected to the grid under a temporary mechanism designed for areas in need of network upgrades. These facilities often operate below full capacity until the necessary improvements are completed. By the end of the year, there were 330 applications for distribution network connections, totaling 707 MW, as well as 52 transmission system projects awaiting access, representing 3.35 GW. However, only 600 to 700 MW of this capacity is expected to be realized in the short term.

Additionally, smaller projects under 200 kW require only notification to ESO, with 732 such facilities in the pipeline, collectively accounting for 53.9 MW. In contrast, the previous year saw more than 2,000 applications for network connections totaling 7.2 GW. The sharp decline in applications for 2024 is attributed to the introduction of mandatory bank guarantees of 25,600 euros per MW, a requirement that was later extended to energy storage projects as well.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia to convert Kolubara A thermal power plant into 71 MW solar facility, public review scheduled

Serbia’s Spatial and Urban Planning Agency has announced a public review for the proposed urban and architectural plan to convert the Kolubara A thermal power plant into a solar energy facility. The project involves decommissioning the existing ash, slag,...

Romania: Hidroelectrica signs €20M maintenance deal with Vestas for Crucea Nord wind farm and plans 36 MW battery storage integration

Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to handle maintenance for the wind turbines at the Crucea Nord wind farm. The five-year agreement, valued at €20 million before VAT, covers full upkeep of the...

Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm

The European Investment Bank (EIB) has approved a green financing package of €25.9 million to support the construction of a new wind farm in central Greece by Spanish energy company Iberdrola. The Gatza wind farm will be situated across the...
Supported byVirtu Energy
error: Content is protected !!