Podcast in English
Text size
Bulgarian National Radio © 2024 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

First LNG delivery from the Alexandroupolis terminal arrives in Bulgaria

Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..

published on 10/3/24 3:39 PM

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he  LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM