Bulgarian renewable energy company SUNOTEC has secured financing for a portfolio of seven clean energy projects in Bulgaria, totaling 115 MW of solar capacity and 763 MWh of battery storage.
The financing agreement, finalized in September, includes one integrated solar-plus-storage facility and six standalone battery energy storage system (BESS) projects. These projects are either fully owned by SUNOTEC or developed through Solaris Holding, a joint venture with Eurohold Bulgaria.
The new storage developments will receive support through subsidies from the Bulgarian Ministry of Energy’s Restore program, which promotes large-scale battery deployment. This initiative highlights SUNOTEC’s evolution from a traditional engineering and construction contractor into a long-term investor in renewable infrastructure, reinforcing Bulgaria’s efforts to enhance energy independence and flexibility in its power system.
SUNOTEC is also expanding its storage operations across Europe. Earlier this year, the company ordered 2.4 GWh of Sungrow batteries to be deployed in projects across several markets, including Bulgaria.
