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Solar power in Bulgaria
From Wikipedia, the free encyclopedia
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Solar power generated 12% of Bulgaria's electricity in 2023.[1]
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By the end of 2020 about 1 GW of solar PV had been installed.[2] It has been estimated that there is potential for at least another 4 GW by 2030.[3]
By the end of 2024 about 3.9 GW of solar had been installed.[4]
On March 13, 2023, peak photovoltaics power was 30% of Bulgaria electricity generation.[5] However, long-term share of solar power is much lower. Director of Bulgarian transmission network estimated photovoltaics growth as 30% in 2022, and he expected 700 MW[6] new solar capacity in 2023, which could represent 30-40% YoY growth.
In April 2023 Bulgaria's Inercom signed a contract with Huasun for a supply[7] of 1.5GW solar modules.
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History
Solar power in Bulgaria was expanded by 100 megawatts (MW) in 2011. A 16.2 MW solar power plant in Zdravetz, Bulgaria was expected to be completed in June 2012, with power being sold for $0.30/kWh in a fixed rate 20 year power purchase agreement.[8]
Since then, however, new installations have nearly come to a halt, with only about 12 MW of additional capacity installed during 2013 and 2014.
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