The Austrian renewable energy company Enery and Romanian oil and gas company OMV Petrom have launched a joint venture to build and operate one of the largest photovoltaic and battery projects in Bulgaria. Enery Development GmbH (“Enery”) and OMV Petrom S. The Gabare solar project, located in Byala Slatina, near Sofia, will have an i nstalled. It agreed to buy 50% of the Gabare solar power project, of 400 MW, from its developer Enery Element. The solar power investment frenzy in most of Southeastern Europe is continuing despite rising curtailments and the frequent occurrence of negative power prices. Major developers and operators are. In June 2024, the 25 MW / 55 MWh utility-scale battery energy storage system (BESS) located in Razlog Municipality, Southwestern Bulgaria commenced commercial operations. At the forefront of this transformation is Sungrow, the global leading provider of PV inverters and energy storage system (ESS) solutions.