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Bulgarian power-storage grants plan wins EU clearance

( November 29, 2024, 13:27 GMT | Official Statement) -- MLex Summary: Storage technologies in Bulgaria will be eligible for direct grants under a government plan worth 590 million euros aimed at backing investments in electricity storage facilities that was cleared by the EU state aid regulator today. The program, meant to integrate a higher share of renewable energy sources in the energy mix, will be fully funded through the Recovery and Resilience Facility. Any support must be granted before the end of next year, the European Commission said today. ...

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