RTB Solar PV Valuation Trends in Bulgaria

Bulgaria's Ready-to-Build (RTB) solar PV project market showed interesting valuation trends in the first half of 2024, according to exclusive data from PF Nexus, the leading renewable energy asset marketplace. This article provides key insights into the Bulgarian solar PV market, comparing it with other countries in the CEFTA & Eastern Europe region.

In H1 2024, RTB solar PV projects in Bulgaria were valued between €80,000 and €100,000 per MWp. The average valuation stood at €88,300 per MWp, with buy-side valuations ranging from €80,000 to €85,000 per MWp and sell-side valuations spanning from €80,000 to €100,000 per MWp.

Bulgaria's solar PV market showed unique characteristics when compared to other countries in the CEFTA & Eastern Region.

1. Lowest Valuation Gap: Bulgaria had the smallest gap between buy-side and sell-side valuations at just 7.03%. This suggests a well-aligned market with buyers and sellers having similar price expectations.

2. Moderate Pricing: Bulgarian valuations were lower than most other countries in the region.

3. Narrow Range: The valuation range in Bulgaria was notably tight, indicating a relatively stable and predictable market.

RTB projects are solar PV assets that have secured all necessary permits and are ready for construction. These projects are at a crucial stage in the asset development lifecycle, typically attracting investors looking for near-term operational assets.

This data was initially shared with PF Nexus premium subscribers in June 2024 as part of our comprehensive H1 2024 Asset Valuation Report. Our insights are derived from real-time transaction data and network activity on our marketplace platform, which connects buyers and sellers of renewable energy assets worldwide.

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For the most up-to-date valuations and to connect with active buyers and sellers in the renewable energy sector, consider subscribing to our premium tiers.

To explore broader trends, check out our articles on RTB Solar PV Valuations in CEFTA & Eastern Europe in 2024 and Global Renewable Energy Asset Valuations 2024 Analysis and Trends.

Remember, asset valuations can fluctuate significantly due to market volatility. For the latest insights and opportunities in the renewable energy market, join PF Nexus today.