Bulgaria's energy storage programme oversubscribed 4.3 times
Funded by the EU's Recovery and Resilience Facility, the initiative aims to add 3GWh of storage to support grid stability and renewable energy integration. The overwhelming interest demonstrates the growing demand for energy storage as a critical component of Bulgaria's clean energy strategy. Successful implementation of these projects could position Bulgaria as a leader in renewable energy innovation in South East Europe. However, delays in EU funding due to political instability pose a significant challenge to the programme's timeline. Resolving these issues quickly will be key to maintaining investor confidence and advancing Bulgaria's energy transition goals.
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