Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

New procedure under Recovery and Resilience Plan provides access to over BGN 1 billion for businesses

Photo: pixabay

The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not small at all.

The measure is known as RESTORE and is part of the Low Carbon Economy section of the National Recovery and Resilience Plan. Its aim is to enable a significant increase in the share of renewable energy in the country's energy mix, while also building the necessary infrastructure to store it.

The investment will support the construction and commissioning of a national infrastructure of renewable energy storage facilities with a capacity of at least 3,000 MWh.

The budget of the long-awaited measure is more than BGN 1.15 billion, which can benefit small, medium and large enterprises.

The deadline for submitting proposals for the implementation of the investment is 21 November.

The investment must be implemented by 31 March 2026 at the latest. More information on the topic and how to apply can be found HERE.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Is Bulgaria making the most of China’s vast trade potential?

The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..

published on 9/10/25 2:42 PM

Job offers increase seasonally, there is a decline on an annual basis

The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..

published on 9/10/25 11:32 AM

Bulgaria ranks second in the EU for annual economic growth

In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..

published on 9/6/25 4:09 PM