Bulgaria aims to increase its renewable energy capacity by 2024
Bulgaria will increase the installed capacity for renewable energy from 1.8 GW to 4.3 GW by 2024. Over the next four years, wind farms of 700 MW, solar parks of 1.6 GW and 219 MW in biomass capacity will be installed.
To date, the installed capacity for renewables is about 1.8 MW which corresponds to 20% of all installed capacity for electricity production in the country. 1.1 GW of them were accounted for solar power plants while 700 MW were generated by wind farms.
According to Bulgaria’s NECP, the country is going to increase the share of renewables in gross final consumption of energy from 21.4% in 2020 to 27.9% in 2030.