Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

New procedure under Recovery and Resilience Plan provides access to over BGN 1 billion for businesses

Photo: pixabay

The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not small at all.

The measure is known as RESTORE and is part of the Low Carbon Economy section of the National Recovery and Resilience Plan. Its aim is to enable a significant increase in the share of renewable energy in the country's energy mix, while also building the necessary infrastructure to store it.

The investment will support the construction and commissioning of a national infrastructure of renewable energy storage facilities with a capacity of at least 3,000 MWh.

The budget of the long-awaited measure is more than BGN 1.15 billion, which can benefit small, medium and large enterprises.

The deadline for submitting proposals for the implementation of the investment is 21 November.

The investment must be implemented by 31 March 2026 at the latest. More information on the topic and how to apply can be found HERE.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MEP Ilia Lazarov: There is no reason for inflation to occur in Bulgaria

"The example of Croatia is very important, because at the same time that there was inflation after the adoption of the euro in Croatia, in neighboring Hungary, where the forint remained and the euro was not adopted, there was higher inflation, which..

published on 7/11/25 3:05 PM
MEP Gordan Bosanac with BNR's Irina Nedeva and Angelina Piskova

"Strasbourg Calling" MEP Gordan Bosanac: Croatia is one of the countries with the highest inflation

The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population.  This was said in an interview with the Bulgarian National Radio by Croatian MEP Gordan Bosanac from the group of the Greens/European Free..

published on 7/11/25 10:29 AM

Fitch Ratings and S&P Global Ratings upgrade Bulgaria's rating from "BBB" to "BBB+"

Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..

published on 7/11/25 9:05 AM