Is Bulgaria getting more solar power?

Over the past year, Bulgaria has made considerable progress in expanding its renewable energy capacity, particularly in solar power. Solar energy production has surged from one gigawatt (GWh) in 2019 to more than three GWh today, with solar accounting for nearly half of the country’s electric capacity from renewables.

Does Bulgaria have a good energy sector?

Bulgaria’s energy sector is at a critical juncture, with two main objectives shaping its direction: decarbonization and reducing reliance on Russian energy. Over the past year, Bulgaria has made considerable progress in expanding its renewable energy capacity, particularly in solar power.

Should Bulgaria Invest in solar energy?

This approach risks saddling the country with outdated infrastructure as well as an increasingly uncompetitive energy system. It is now economic for commercial and industrial customers in Bulgaria to invest in solar PV projects, without subsidies and without government incentives.

Why is Bulgaria promoting self-sustaining energy solutions?

Bulgaria is also pushing for small- and medium-sized businesses to adopt more self-sustaining energy solutions, including solar energy and battery storage, to reduce dependency on the grid during peak consumption times. Source: IRENA

Does Bulgaria still produce sunflower seeds?

This is good news for Bulgaria as well as the company. “Bulgaria has been the second-largest producer of sunflower seeds within the European Union, but there hasn’t been enough capacity for their processing into sunflower oil,” says Gandzhova. “Now with the third Oliva plant, this will change.

What is Bulgaria's solar power potential?

Bulgaria’s solar power potential is significant, especially in the southern regions. The country has rapidly expanded its solar capacity from 100 MW in 2011 to over 2,400 MW by 2023, with 600 MW added in 2022 alone. The largest solar parks are Dalgo Pole (207 MW) and Verila (123 MW).