Until 17h on 21.11.2024. it will be possible to apply for the “National infrastructure for storage of renewable energy” (RESTORE) call of the National Recovery and Resilience Plan (NRRP).
The investment will support the construction and commissioning of a national infrastructure of renewable electricity storage facilities with at least 3,000 MWh of usable energy capacity, connected to the transmission and the distribution grids of Bulgaria.
The grant under this procedure amounts to BGN 1 153 939 700 (approx. 590 000 000 euro). There is no minimum amount to be financed for each proposal, but the maximum amount for a proposal for a company is BGN 148 643 080 (approx. 76 000 000 euro). The maximum grant intensity for each applicant is up to 50 % of the eligible costs, but not more than BGN 371 607,70 (approx. 190 000 euro) (excluding VAT) per 1 MWh of usable energy capacity. A single applicant may submit several proposals, which in total could receive no more than 1/6 of the procedure’s funding quota.
Investments under the call must be completed and commissioned by March 2026. In May 2025 the maturity of the projects and their stage of implementation will be verified.
Detailed information on the procedure, deadlines, conditions and required documents can be found at eumis2020.government.bg
