December 30 (SeeNews) - The Bulgarian ministry of energy said it is inviting comments on an EU-backed scheme to grant 59.8 million levs ($32.6 million/30.6 million euro) in support of household projects to install solar photovoltaic and energy storage modules.
Interested parties may submit comments and proposals relating to the scheme until February 23, 2023, the ministry said in a press release last week.
You can download the 2023 Renewable energy in Bulgaria report here
As much as 49.87 million levs in grants will be provided under the national recovery plan, part of the NextGenerationEU mechanism, with an additional 9.97 million levs to come from the state budget.
The procedure will support the purchase of solar PV arrays for heating water as well as the purchase of photovoltaic arrays with a capacity of up to 10 kWp along with battery storage systems.
Eligible applicants include all citizens of Bulgaria, another EU state or non-EU citizens residing permanently in the country who own a house or apartment and are looking to replace an unsustainable heating source using solid fuels, such as wood or coal.
Successful residential projects will receive up to 100% of the cost of the solar installation for water heating, up to a maximum of 1,960 levs. Solar PV arrays and battery storage systems projects will be funded at up to 70% of the cost each, with the maximum grant not exceeding 15,000 levs.
In May, parliament adopted legislation to simplify the rules for generating solar electricity for own use, in line with EU policies to cut the use of fossil fuels and boost renewables' share in the energy mix.
(1 euro=1.95583 levs)