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Bulgaria opens EUR-102m name for corp solar-plus-storage tasks

admin by admin
February 15, 2023
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Bulgaria opens EUR-102m name for corp solar-plus-storage tasks
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The Bulgarian authorities is inviting purposes underneath a BGN-200-million (USD 109.7m/EUR 102.3m) measure geared toward offering monetary assist to native companies seeking to set up new solar-plus-storage techniques.

The nation’s Ministry of Innovation and Progress stated in a press assertion that it opened the process late on Tuesday, giving events time to use till 1630 native time on Could 15, 2023. The measure is a part of the Nationwide Restoration and Resilience Plan (NRRP) and follows two different procedures that have been targeted on technological modernisation and ICT and cybersecurity.

Micro, small, and medium enterprises (MSMEs) can now apply for monetary backing of between BGN 75,000 and BGN 1 million, however not more than 50% of the undertaking’s price. The person capacities of the techniques being financed won’t exceed 1 MW.

Eligible tasks will embrace photo voltaic photovoltaic (PV) arrays with batteries put in on high of buildings which are totally owned by the applicant and that generate electrical energy for on-site consumption solely.

(BGN 1.0 = USD 0.548/EUR 0.511)

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