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The GEN-I Group and SUNOTEC Have Signed a 5-year Cooperation Agreement in the field of Battery Energy Storage System (BESS) Management

/SOFIA, BULGARIA, November 14, 2025, 9:00 CEST, RENEWABLE MARKET WATCH™/ GEN-I has entered into an agreement to manage two significant storage facilities currently under construction by SUNOTEC in Bulgaria as part of its investment strategy. The first facility will have a capacity of 150 MW along with a storage capacity of 379 MWh, while the second will offer a capacity of 50 MW and a storage capacity of 126 MWh.
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Econergy Selected Shanghai Electric Group for Construction of the Palau Phase II 342 MW Solar Photovoltaic Power Plant Project in Romania

/BUCHAREST, ROMANIA, October 31, 2025, 10:15 CET, RENEWABLE MARKET WATCH™/ Earlier this month, a signing ceremony took place for the Pălău Phase II 342 MW Photovoltaic EPC Project in Romania. The event was attended by Wu Lei, Party Secretary and Chairman of Shanghai Electric Group, and Andrea Loi, Vice President of Operations at Econergy Renewable Energy Ltd.
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A New High-Tech Factory for the Production of Energy Storage Batteries was Opened in Chelopechene by the Bulgarian Company International Power Supply (IPS)

/SOFIA, BULGARIA, October 10, 2025, 11:20 CET, RENEWABLE MARKET WATCH™/ The newly opened factory began operations with an impressive annual production capacity of 3 gigawatt-hours (GWh), which is planned to be expanded to 5 GWh by the end of 2026. In addition, a second, fully automated production facility is currently in the design and planning […]
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Sunterra RE Opened a Large-Scale Battery Energy Storage System (BESS) at the Galabovo Solar Photovoltaic (PV) Power Plant

/SOFIA, BULGARIA, September 25, 2025, 10:00 CET, RENEWABLE MARKET WATCH™/ Sunterra RE has commissioned the largest battery energy storage system (BESS) at the Galabovo solar photovoltaic power plant, featuring an installed capacity of 75 MW and a usable capacity of 150 MWh. The project consists of 37 lithium-iron-phosphate batteries. Galabovo Solar is the largest part […]
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Maglizh Solar Photovoltaic (PV) Power Plant with 161 MWp Capacity is Launched into Commercial Operation in Bulgaria

/SOFIA, BULGARIA, September 18, 2025, 9:15 CEST, RENEWABLE MARKET WATCH™/ The Maglizh Solar Photovoltaic (PV) Power Plant, recognised as one of the largest solar power facilities in Bulgaria, has officially begun its commercial operations. Developed by 360 Energy in collaboration with the principal shareholders of Eurohold, this impressive installation boasts a peak capacity of 160.5 megawatts (MW).
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Contracts for 6,000 MWh of Battery Energy Storage Capacity Have Been Signed Under the RESTORE Tender Program in Bulgaria

/SOFIA, BULGARIA, September 9, 2025, 9:15 CEST, RENEWABLE MARKET WATCH™/ Contracts have been signed for a total of 6,000 MWh of installed battery capacity as part of the initiative aimed at developing a comprehensive national infrastructure for storing energy derived from renewable sources, known as the RESTORE program. This initiative is financially supported through the Bulgarian Recovery and Resilience Plan.
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Romanian Airport in Cluj-Napoca will Receive a Grant to Build a Solar Photovoltaic Power Plant with Battery Energy Storage System (BESS)

/BUCHAREST, ROMANIA, September 8, 2025, 11:45 CET, RENEWABLE MARKET WATCH™/ Cluj-Napoca Airport will build a photovoltaic park and energy storage capacities with non-reimbursable funding from the Modernisation Fund for energy efficiency in the transport sector. The primary goal of the project is to generate electricity by utilising the renewable energy source of solar power. To achieve this, Cluj Airport plans to install more than 7,500 solar photovoltaic panels across an area of 8 hectares.
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Bulgaria is Preparing to Launch a New Expansion Tender Procedure for a 1,900 MWh Battery Energy Storage System (BESS) Capacity Soon

/SOFIA, BULGARIA, September 2, 2025, 11:30 CEST, RENEWABLE MARKET WATCH™/ Thus, in addition to the batteries planned so far for nearly BGN 1.2 billion (EUR 0.61 billion), another 1,900 MWh of electricity storage systems will be added in the second part of the program in Bulgaria, and the total amount of grant funding they will receive is over BGN 230 million (EUR 117.6 million).
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