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A New Procedure Supports Businesses Investing in Renewable Energy

2026-02-13

The procedure BG16FFPR003-4.011 “Support for Photovoltaic Systems and Facilities in Micro, Small and Medium-Sized Enterprises” under the “Regions in Growth” Programme 2021–2027, within the “Just Transition” priority, has been officially launched.

The initiative is aimed at micro, small and medium-sized enterprises (SMEs) in the regions of Stara Zagora, Pernik, and Kyustendil, with the goal of encouraging investments in sustainable energy solutions and supporting businesses in the process of energy transition.

The programme provides funding opportunities for:

  • Photovoltaic systems for self-consumption with a capacity of up to 1 MW
  • Photovoltaic power plants for electricity generation for sale with a capacity of up to 5 MW
  • Energy storage systems (batteries)

The total budget of the procedure amounts to approximately BGN 141.7 million, making it one of the key opportunities for businesses in coal-affected regions to invest in energy efficiency and independence.

The application deadline is March 24, 2026.

This programme offers a real opportunity for companies to reduce energy costs, increase energy independence, and make a sustainable investment in their future.

If you are considering developing such a project or have questions regarding eligibility, technical parameters, or the application process, our team is ready to support you at every stage.

Sustainable transformation starts with the right investments.

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Marin Penkov

Marin Penkov

Electrical Engineer

  m.penkov@ges-bg.com

LinkedIn Profile

Marin Penkov works on various engineering projects related to the design, construction, and maintenance of electrical systems, demonstrating both technical skills and strong teamwork. He is proficient in using specialized software, including AutoCAD (for technical drafting), DJI Terra (for 3D mapping and terrain analysis using drones), and SketchUp (for 3D modeling and visualization). He utilizes these tools in both his professional work and personal projects.

His main interests include electrical power engineering, 3D printing, and 3D modeling. He actively keeps up with developments in these fields and strives to apply modern technological solutions in both his professional activities and personal endeavors.

Zvezdelin-Vergilov

Zvezdelin Vergilov

Logistics Executive

z.vergilov@ges-bg.com

LinkedIn profile
Lili-Naidenova

Lilia Naidenova

Head of Engineering

l.naidenova@ges-bg.com

LinkedIn profile

Liliya graduated from the Technical University of Sofia with a Bachelor’s degree in Electrical Engineering and a Master’s degree in Renewable Energy Sources. Her interest in photovoltaics began during her studies, and she has been professionally involved in the field since 2007, when she took part in the design of the first megawatt-scale photovoltaic plant in Bulgaria.

Since then, she has been actively engaged in the design of rooftop and ground-mounted solar installations in both Bulgaria and across Europe, including energy storage facilities.

Since the spring of 2025, she has been working at GES Energy, where she is responsible for organizing the entire design process and serves as an electrical design engineer.

Yavor Kirov

Electrical Design Engineer

y.kirov@ges-bg.com

LinkedIn profile

Yavor Kirov is an electrical engineer with a Bachelor’s degree in Electrical Engineering from the Technical University of Sofia. He has over three years of experience in the design and construction of photovoltaic power plants, both rooftop and ground-mounted. Over the years, he has participated in numerous projects related to energy efficiency, renewable energy sources, and the implementation of smart technologies for electricity management.

Since the spring of 2025, Yavor has been part of the engineering team at GES Energy AD, where he holds the position of Electrical Design Engineer. In this role, he is responsible for preparing investment projects for photovoltaic power plants, power supply installations, and energy storage systems.

Stanislav Pandev

Technical Director

  stanislav.pandev@ges-bg.com

LinkedIn profile

Eng. Stanislav Pandev has been in the construction industry for over 7 years. He graduated with a degree in Applied Geodesy from UACEG, Sofia, in 2018, and holds full design certification in his field. He worked as an investor control specialist in building construction for four years.

Stanislav joined GES Energy in the fall of 2023 as a Project Manager and was promoted to Technical Director in the spring of 2025. His responsibilities include overseeing, organizing, and controlling the entire process of constructing future photovoltaic power plants.