Bulgaria to install 2.5 GW of solar, wind by 2024

Bulgaria to install 2.5 GW of solar wind by 2025

Photo: Franz W. from Pixabay


March 9, 2021






March 9, 2021





Bulgaria will increase the installed capacity for renewable energy from 1.8 GW to 4.3 GW by 2024.

Solar power plants accounted for 1.1 GW at the end of 2020 while wind farms had 700 MW in total, said Angelin Tsachev, the executive director of the transmission system operator Electricity System Operator (ESO).

1.8 GW of renewables makes up 20% of all installed capacity for electricity production

The installed capacity for renewables is about 1.8 MW, which is about 20% of all installed capacity for electricity production in the country, national radio BNR reported.

In 2020, these power plants produced more electricity than contracted for preferential prices, and the remaining electricity was sold on the free market, Tsachev added.

According to Tsachev, last year 77 MW of solar capacity was installed while another 114 MW will be connected this year.

Over the next four years, wind farms of 700 MW, solar parks of 1.6 GW and 219 MW in biomass capacity will be installed

It is projected that in the period 2020-2024, wind farms of 700 MW, solar parks of 1.6 GW and 219 MW in biomass capacity will be installed in Bulgaria, he said.

Tsachev said that electricity from all new capacities will be sold on the market.

“I assume that every investor has developed a market model for such a large capacity,” he added.

According to Bulgaria’s National Energy and Climate Plan (NECP), the country plans to increase the share of renewables in gross final consumption of energy from 21.4% in 2020 to 27.9% in 2030.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.


Switzerland’s Axpo to build two wind farms in Romania

30 June 2022 - The construction of the two wind farms, with a combined capacity of 250 MW, is expected to begin at the end of 2023


Greece passes renewables law targeting 15 GW in new capacity by 2030

30 June 2022 - Greece adopted a new law on renewables licensing, which includes various measures related to the energy crisis