“Tibiel Solar” EOOD, part of “Tibiel” EOOD, won a project within the framework of the implementation of Investment C4.I6 “Support for new capacities for electricity production from renewable sources and electricity storage” under the selection procedure BG-RRP-4.033 “Support for new capacities for electricity production from renewable sources and electricity storage with installed capacity over 200 kW”, financed through the Recovery and Resilience Mechanism.

On 31.12.2024, “Tibiel Solar” EOOD signed an administrative agreement for the provision of grant aid BG-RRP-4.033-0066-C01, under which the Final Recipient is provided with grant aid for the implementation of the investment “Construction of a Local Storage System at the Bobov Dol Power Plant”.

Total value of the approved project budget: 37,899,700.00 BGN excluding VAT.

Amount of the grant provided: 18,949,850.00 BGN excluding VAT.

Intensity of the grant provided: 50% of the total value of the proposal.

Project implementation period: 15 months

“This publication has been created with the financial support of the European Union – NextGenerationEU. The sole responsibility for the content of the document lies with “Tibiel Solar” EOOD and under no circumstances can it be assumed that this document reflects the official position of the European Union and the Directorate General “European Competitiveness Funds””.