The Bulgarian Ministry of Vitality has introduced that the BGN 240 million ($134 million) rebate scheme is now open for purposes from households searching for to put in photo voltaic water heating techniques and rooftop PV arrays, presumably together with battery vitality. storage techniques.
The Bulgarian Ministry of Vitality has launched a photo voltaic rebate scheme price BGN 240 million to assist households scale back their carbon footprint and decrease the strain on their electrical energy payments.
The ministry stated Tuesday that owners can now apply for financing for photo voltaic water heating techniques, in addition to rooftop PV techniques of as much as 10 kWp, which could be paired in battery vitality storage techniques. Functions might be accepted till Nov. 10.
After the ultimate approval from the European Fee, a complete of BGN 140 million might be distributed from Bulgaria’s Nationwide Restoration and Resilience Plan, with the remaining quantity from further state and personal funding. sector. About BGN 80 million might be distributed within the first spherical of funding.
Beneath the long-awaited financing scheme, the price of photo voltaic water heating techniques could be financed in full however as much as a most of BGN 1,961. PV techniques not exceeding 10 kWp might be financed as much as 70% with a most quantity of BGN 15,000. To obtain funding, households have to be the applicant’s everlasting residence and use an inefficient heating supply, resembling wooden or coal-burning stoves, boilers, or fireplaces.
In accordance with SolarPower Europe (SPE), Bulgaria will attain 1.5 GW of cumulative put in PV capability by the tip of 2022.
“Bulgaria’s photo voltaic goal stays low as PV will solely account for two.6% of electrical energy in 2040,” stated SPE in its 2022-26 EU photo voltaic market outlook. “But Bulgaria advantages from a excessive fee of irradiation, particularly within the south of the nation, and has vital photo voltaic potential, which isn’t mirrored within the present goal.”
In 2020, SPE predicts Bulgaria will hit 3.8 GW in 2024, thus exceeding the 2030 goal. The momentum is anticipated to be primarily supported by unsubsidized large-scale photo voltaic tasks constructed beneath buy agreements in electrical energy (PPA).
Nevertheless, in October 2022, the Bulgarian electrical energy system operator revealed that it’s accepting purposes to construct new renewable vitality tasks with an mixture put in capability of greater than 24 GW – double the nation’s put in producing capability. It stated that new tasks require a major growth of the grid and that it’s speaking to potential buyers about required actions.
Bulgaria’s vitality fleet is dominated by lignite and onerous coal-fired energy stations, with 4.5 GW. Non-hydropower renewables include about 2.3 GW, hydro 3.2 GW, nuclear 2 GW, and pure fuel 600 MW.
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