/LONDON, March 7, 2023, 9:30 GMT, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2022, Bulgaria's cumulative installed solar PV capacity exceeded 1,500 MW (1.5 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. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

/LONDON, November 9, 2023, 10:15 GMT, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. In the middle of 2023, Bulgaria's cumulative installed solar PV capacity exceeded 2,100 MW (2.1 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 100 MW were launched into commercial operation in Bulgaria in 2022 and 2023. Local and international investors will build new solar projects between 2024 and 2026. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria has to diminish its dependency on Russian energy imports quickly, and solar power is one of the best renewable energy alternatives. The recent changes in the renewable energy legislation promulgated in the State Gazette on 13 October 2023 are supposed to propel further the growth of the Bulgarian solar photovoltaic energy market.