Bulgaria allocates 3 GW of solar capacity, 1.17 GW of storage in auction

The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country's latest procurement exercise. The Bulgarian Ministry of Energy has announced the final results of the country's first renewable energy auction. The government allocated BGN 526 million in funds to 397 projects in the procurement exercise. The government has set aside BGN 107. 5 million for projects between 200 kW and 2 MW, and BGN 427. 5 million for projects over 2 MW. The first group contracted 435 MW of generating capacity and 176 MW of storage, while the second group secured 2. ...

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