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

Christine Lagarde highlights the advantages of Euro adoption for Bulgaria

With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank  President Christine Lagarde said in an interview with public service..

published on 10/20/25 10:37 AM
Tomislav Donchev and Mila Nenova, Executive Director of Invest Bulgaria Agency, at the presentation of the map.

Ministry of Innovation and Growth presents Bulgaria’s first interactive investment map

The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..

published on 10/17/25 10:37 AM

Bulgargaz proposes 8% increase in natural gas price for November

The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..

published on 10/16/25 5:18 PM