Solar Energy in Bulgaria

Page 14

Incentives to Investment in

renewable energies in Bulgaria

Purchase guaranteed over a 25-year period.

Purchase rate 386 â‚Ź Mwh.

The Government, in virtue of a commitment reached with the European Union through to the year 2020, is giving incentives for investment in photovoltaic solar energy within the country, that are higher than the community average for this sector. Utilities companies must purchase, at a rate regulated by the State, 100% of the energy fed into the grid, guaranteeing its purchase over a 25-year period. The premiums paid are regulated and guaranteed by the State. A purchase rate of 386 â‚Ź Mwh has been set, which is a higher rate than what is paid on average within the European Union.


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