Expected ROI of rooftop solar battery project in Bulgaria 2030


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6 FAQs about [Expected ROI of rooftop solar battery project in Bulgaria 2030]

How much renewable capacity will Bulgaria have by 2030?

Depending on the various sources of information (official or commercial), Bulgaria is envisaging at least 2 645 megawatts peak renewable capacity increase by 2030 (2,174 megawatts solar and 249 megawatts wind).

When will solar projects start in Bulgaria?

Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest.

How much solar power does Bulgaria have in 2022?

At the end of 2022, Bulgaria's cumulative installed solar PV capacity exceeded 1,700 MW (1.7 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025.

What is the Integrated Energy & Climate Plan of Bulgaria 2021 – 2030?

The Integrated Energy and Climate Plan of Bulgaria 2021 – 2030 (the ‘Integrated Plan’) envisions adding 2,600 megawatts of renewable capacity by 2030. In 2023, ESO confirmed applications for renewable energy sources (‘RES’) projects totalling 40,000 megawatts. They anticipate adding 5,000 megawatts by 2031.

How many solar projects are there in Bulgaria?

Currently, Bulgaria operates over 800 megawatts of wind projects Bulgaria has an annual average of 2,100 hours of solar irradiation. As of 2023 over 1,700 megawatts project are operational in Bulgaria and it is growing substantially. Geothermal energy is gaining attention, with legislative proposals to harness Bulgaria's geothermal potential.

How much electricity did Bulgaria import in 2022?

Bulgaria exported 11,639 gigawatt hours but imported 1,154 gigawatt hours of electricity in 2022. The National Recovery and Resilience Plan (‘ NRRP ’) of Bulgaria aims to decommission thermal capacity and invest in renewables, targeting 30,33% renewable energy by 2030.

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