Bulgaria finalises €600 million funding for nearly 10GWh of energy storage – EnergyShiftDaily
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Bulgaria finalises €600 million funding for nearly 10GWh of energy storage

Bulgaria Minister of Energy Zhecho Stankov
Bulgaria’s Minister of Energy Zhecho Stankov. Image: Ministry of Energy.

The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million/US$670 million) in financial support.

The scheme will support the construction and commissioning of 82 standalone energy storage projects with a total of BGN1,149,013,428.49 spread across the projects, which will add up to 9,712.89MWh of usable energy storage capacity. The money will support up to 50% of construction and commissioning costs.

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The Energy Storage Summit Central Eastern Europe is set to return in September 2025 for its third edition, focusing on regional markets and the unique opportunities they present. This event will bring together key stakeholders from across the region to explore the latest trends in energy storage, with a focus on the increasing integration of energy storage into regional grids, evolving government policies, and the growing need for energy security.

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