How big is Bulgaria's solar power?

In a matter of months, Bulgaria’s total solar power capacity is set to exceed 3 GW, compared to just 1.3 GW at the end of 2021. The lineup in the list of the largest photovoltaic plants is changing almost every week as major facilities come online, and there is more in the pipeline.

Are solar panels a viable option for self-consumption in Bulgaria?

Conversely, households and institutions interested in installing solar panels for self-consumption are still stuck with administrative hurdles In the statistics of the International Renewable Energy Agency (IRENA), Bulgaria had 1.28 GW at the end of 2021 and 1.95 GW just one year later. The measure is expressed in nominal or peak capacity.

Why is energy storage important in Bulgaria?

In 2023, the Bulgarian Parliament introduced specific legislative amendments regulating the electricity storage. The rationale behind the amendments is to provide balance and flexibility to the power system. Energy storage is a crucial step for low-carbon economy since it enhances the security of supply and the development of renewables capacity.

How many solar projects are there in Bulgaria?

Currently, Bulgaria operates over 800 megawatts of wind projects Bulgaria has an annual average of 2,100 hours of solar irradiation. As of 2023 over 1,700 megawatts project are operational in Bulgaria and it is growing substantially. Geothermal energy is gaining attention, with legislative proposals to harness Bulgaria's geothermal potential.

How much power does Bulgaria have?

However, Bulgaria relies heavily on thermal power plants, with over 3,600 megawatts in capacity. In terms of renewable capacity, around 2,100 megawatts hydropower and 2,600 megawatts renewable energy (solar – 1700 megawatts, wind – 800 megawatts and biomass – less than 100 megawatts) are in operation.

Will solar power grow in Bulgaria in 2023?

However, long-term share of solar power is much lower. Director of Bulgarian transmission network estimated photovoltaics growth as 30% in 2022, and he expected 700 MW new solar capacity in 2023, which could represent 30-40% YoY growth. In April 2023 Bulgaria's Inercom signed a contract with Huasun for a supply of 1.5GW solar modules.