Solar power generated 12% of Bulgaria’s electricity in 2023.[1]
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]
On March 13, 2023, peak photovoltaics power was 30% of Bulgaria electricity generation. However, long-term share of solar power is much lower. Director of Bulgarian transmission network estimated photovoltaics growth as 30% in 2022, also he expects 700 MW new solar capacity in 2023, which could represent 30-40% YoY growth.
In April 2023 Bulgaria's Inercom signed contract with Huasun for supply of 1.5GW solar modules.