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Battery Energy Storage System (BESS)

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

/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 BGN 228.9 million.
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Czech Republic Will Provide up to CZK 500 Million (EUR 20.6 Million) Subsidies to Support Agrivoltaics

/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 law, and starting in January 2026, the state will introduce new subsidies to support farmers […]
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Türkiye With Ambitious Energy Plans for 2026

/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 energy capacity, and strengthen international collaboration. In its efforts to diversify the energy mix, Türkiye […]
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Season’s Greetings 2026 by Renewable Market Watch

/LONDON, December 23, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to…
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Enery Secures Green Financing for 600 MWh Battery Storage Project in Bulgaria

/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 most advanced storage financing deals to date, supporting Bulgaria’s transition toward a more flexible and […]
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Nova Power and Gas Launched into Commercial Operation the Largest Battery Energy Storage System (BESS) Facility in Romania

/BUCHAREST, ROMANIA, December 12, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ The Ministry of Energy is pleased to announce the commissioning of the largest battery energy storage facility in Romania, developed by Nova Power & Gas in Cluj County. This state-of-the-art facility aims to enhance the stability and reliability of the national energy grid by storing excess energy generated from renewable sources and providing it during peak demand periods.
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Iberdrola Received EUR170M Grant for Energy Storage Projects in Spain

/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 pumped hydro projects nationwide. The grants were awarded in the first competitive call for innovative […]
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