Bulgaria will Introduce FITs for Solar Systems
The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.
The Bulgarian government is planning to re-introduce feed-in tariff payments for rooftop PV for a year, in a move which could revive the nation’s solar sector after years of limited growth.
The 12-month scheme, yet to be adopted by the energy and water regulator, would come into force at the beginning of next month and expire at the end of June next year, according to Anton Zhelev, board member of the Bulgarian Solar Association.
Under the draft plan, a tariff of BGN238.07/MWh (€121.72) would be applied to rooftop PV installations not exceeding 5 kW in size, and payments of BGN198.27 would be set for 5-30 kW systems.
Zhelev told pv magazine the proposed incentive is not expected to feature a cap on capacity. “The tariffs will be discussed by the regulator, Kevr, on June 8 and the Bulgarian Solar Association will participate in the meeting of the regulator to provide an opinion,” he said. “The final decision will be up to the regulator and will not require the approval of parliament or government.”
Bulgaria had 1,065 MW of solar generation capacity at the end of 2019, according to the International Renewable Energy Agency. In the past seven years, however, lack of incentives has seen only 53 MW of new solar added./PV Magazine
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgaria’s PM Met with CEO of Kozloduy NPP, Equipment Purchased for Belene Will Be Used for Units 5,6 of Kozloduy
- » Sad Anniversary: Bulgaria’s Energy System Collapsed on Friday 13th 1978
- » ContourGlobal Maritsa East 3 TPP Produced Nearly 11 Percent of the Electricity in Bulgaria for 2020
- » Bulgaria: Forecasts for Record Drop in Power Generation Proved Right
- » Bulgaria: Heating Companies Agree to Provide More Information to Consumers
- » Record Low Power Consumption on New Year Holidays in Bulgaria