ENERGY STORAGE IS THE KEY TO THE FUTURE AND A CONDITION FOR ECONOMIC GROWTH, SAID PRIME MINISTER RUMEN RADEV AT THE OPENING OF A BATTERY PARK AT THE END OF THE FORTtranslated

Prime Minister Rumen Radev, Minister of Innovation and Digital Transformation Ivan Vasilev, Minister of Energy Iva Petrova, representatives of investors and Tesla attended the groundbreaking ceremony for a large-scale electricity storage project is a village in Tvarditsa. The initiative is part of an investment program for the modernization of the country's energy infrastructure, the total value of which exceeds EUR 350 million.

The project involves the construction of a five-hour electric energy storage system with a capacity of 300 MWh, based on the Tesla Megapack 2XL technology. It is planned to install 80 batteries and 20 transformers, according to the information provided.

The investment in Tvarditsa is the first of three planned systems that will be realized in partnership between Asar e l-Trade, Power Profit and Tesla. The total storage capacity of the third project will exceed 2300 MWh.

"It is my pleasure to lay the first sod not only for the development of Tvarditsa and the region, but also for the modernization of...