Bulgaria's Ministry of Energy has approved €588 million in funding for 82 standalone battery energy storage projects, totaling nearly 9.7GWh of usable capacity. The final decision, announced on April 17, 2025, concludes a competitive selection process that began with 151 proposals in August 2024.. The Ministry of Energy of Bulgaria has selected 82 winning energy storage projects for a share of BGN 1.15 billion (€588 million/US$670 million) in financial support. The scheme will support the construction and commissioning of 82 standalone energy storage projects with a total of. . 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. . Bulgaria is taking bold steps toward a greener energy future, having recently wrapped up its most ambitious energy storage tender to date. With nearly 10 GWh of standalone energy storage capacity awarded—more than triple the initial target—the country is making significant headway in reinforcing. . Bulgaria's second standalone energy storage procurement exercise of 2025, worth close to BGN 229 million ($137.2 million), received a lot of interest and there are 30 project proposals included in a reserve list, the government said. From ESS News Bulgaria's Ministry of Energy will pump a total of. . Energy storage facilities are installations capable of accumulating excess energy and releasing it back into the grid as needed. The most common technologies include lithium-ion batteries, pumped storage power plants (PSPPs), and modern hybrid storage systems. These systems help smooth out grid.