In Pictures: EBRD lends €30m for 246 MW battery storage project in Bulgaria

The EBRD-backed project aims to strengthen Bulgaria's grid infrastructure as renewable capacity grows.

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The 246 MW/512.5 MWh battery facility will be co-located with Tenevo's existing solar plant.

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Energy storage is increasingly paired with solar generation to balance supply and demand.

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The €30 million EBRD loan is matched by €30 million from Raiffeisen Bank International.

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Grid-scale batteries help integrate fluctuating renewable output into the power system.

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Bulgaria is accelerating deployment of storage capacity as part of its energy transition.

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The Tenevo project is expected to enhance grid stability in south-eastern Bulgaria.

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Large-scale storage projects are a key pillar of the region's decarbonization plans.

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Co-locating batteries with solar plants allows stored power to be dispatched when needed.

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