News & Analysis

ContourGlobal Commissioned the Maritsa Battery Energy Storage System (BESS) in Bulgaria with a Connected Power of 202 MW and a Storage Capacity of 500 MWh

8 January 2026

/SOFIA, BULGARIA, January 8, 2026, 14:00 CET, RENEWABLE MARKET WATCH™/ Bulgaria has made significant progress in modernising its energy sector by officially commissioning one of the largest standalone battery energy storage systems (BESS) in Eastern Europe, as announced by the…

Two Large-Scale Solar Photovoltaic (PV) Power Plant Projects in Poland will Receive EUR 112 Million Loans

7 January 2026

/WARSAW, POLAND, January 7, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Bank Gospodarstwa Krajowego (BGK) has initiated the distribution of its first loans for renewable energy projects under the National Recovery and Resilience Plan. Recently, BGK entered into two significant agreements…

Czech Republic Will Provide up to CZK 500 Million (EUR 20.6 Million) Subsidies to Support Agrivoltaics

5 January 2026

/LONDON, January 5, 2025, 9:00 GMT, RENEWABLE MARKET WATCH™/ New developments are underway for photovoltaic installations on agricultural land in the Czech Republic, commonly referred to as agrivoltaics. This year marks a significant milestone, as agrovoltaics has been enshrined in…

Türkiye With Ambitious Energy Plans for 2026

29 December 2025

/LONDON, December 29, 2025, 11:00 GMT, RENEWABLE MARKET WATCH™/ Following a year characterised by significant advancements in the energy sector, Türkiye is poised to build on this momentum in 2026. The country aims to boost domestic energy production, expand renewable…

Bulgaria Battery Energy Storage System (BESS) Market Outlook 2025 - 2034

Study About the Latest Developments of the Fast-Growing Bulgarian Battery Energy Storage System (BESS) Market

26 December 2025

/LONDON, December 26, 2025, 9:00 GMT, RENEWABLE MARKET WATCH™/ Bulgaria is situated in the South-Eastern part of the Balkan Peninsula. The country’s population is 7.284 million people, and its territory spans 110,912 sq.km. Bulgaria borders Greece and Turkey to the…

EBRD and KfW Provide EUR 87 Million for 134 MW Solar Photovoltaic Power Plant to Support the Green Energy Transition in North Macedonia

22 December 2025

/LONDON, December 22, 2025, 10:00 GMT, RENEWABLE MARKET WATCH™/ The European Bank for Reconstruction and Development (EBRD) is set to provide a significant sovereign-guaranteed loan amounting to €37 million to Elektrani na Severna Makedonija (ESM), which is North Macedonia’s state-owned…

Enery Secures Green Financing for 600 MWh Battery Storage Project in Bulgaria

18 December 2025

/SOFIA, BULGARIA, December 18, 2025, 10:00 CET, Enery/ Enery has secured a green financing package from DSK Bank AD for its flagship 600 MWh battery energy storage system (BESS) in Nova Zagora, Bulgaria. The transaction marks one of the country’s…

Iberdrola and Microsoft Signed Two Long-term PPAs for 150MW of Renewable Power and the Use of New Global AI Solutions

16 December 2025

/MADRID, SPAIN, December 16, 2025, 11:00 CET, Iberdrola/ Microsoft and Iberdrola today announced a new partnership to deepen their work together on energy and artificial intelligence projects. The partnership builds on the success of previous initiatives and includes the signing…

Iberdrola Received EUR170M Grant for Energy Storage Projects in Spain

9 December 2025

/MADRID, SPAIN, December 9, 2025, 10:15 CET, RENEWABLE MARKET WATCH™/ Iberdrola España, the Spanish subsidiary of global energy leader Iberdrola Group, has secured more than €170 million in grant funding to advance a comprehensive portfolio of energy storage, battery, and…

Milvio Energy Sold a Large-Scale Solar Plus Storage Project in Germany to Zelestra

13 January 2026

/HAMBURG, GERMANY, January 13, 2026, 11:30 CET, RENEWABLE MARKET WATCH™/ The project includes development of an impressive 80.4 MWp photovoltaic (PV) plant, along with a 70.2 megawatt-hour battery energy storage system (BESS). Both components will be strategically located on the same site to optimise efficiency and enhance energy management. Currently,…

Croatia with Record Renewable Electricity Generation in 2025

9 January 2026

/LONDON, January 9, 2026, 11:00 GMT, RENEWABLE MARKET WATCH™/ In 2025, Croatia set new records for producing electricity from renewable sources. Data from the Association of Renewable Energy Sources of Croatia (OIEH) shows that solar, wind, and thermal power from renewable fuels generated more electricity than any other type for…

Bulgaria Will Finance 31 Battery Energy Storage System (BESS) Projects Under the RESTORE 2 Tender Procedure with 4,000 MWh of Storage Capacity

5 January 2026

/SOFIA, BULGARIA, January 5, 2026, 9:15 CET, RENEWABLE MARKET WATCH™/ A comprehensive funding initiative has been successfully completed, supporting 31 projects for the construction and commissioning of electricity storage facilities. This initiative, part of the National Infrastructure for Storage of Electricity from Renewable Sources (RESTORE 2), has a budget of…