Major Milestone for Europe, Bulgaria and IPS!
Our manufacturing BG EXERON X-BESS has been officially selected as a Strategic Project of the European Commission under the Net-Zero Industry Act.
Out of six projects approved across Europe, BG EXERON X-BESS is the only one focused on battery storage system manufacturing.
With this achievement, Bulgaria joins Germany and Sweden as one of just three countries included in the European Commission’s strategic list for accelerated clean tech industrial development under the NZIA.
A proud moment for the Bulgarian tech and energy sector—and a big leap forward in Europe’s green industrial transition!
"This recognition confirms the European Commission’s confidence in IPS’s technological leadership, sovereign supply chain capabilities, and long-term strategic relevance. It also formally positions EXERON — our flagship platform — as a building block of the EU’s pathway to a net-zero, energy-resilient, and cyber-secure future.", said Alexander Rangelov, CEO
Link to the official announcement: https://www.mi.government.bg/en/news/bulgarian-battery-production-for-energy-storage-for-clean-technologies-achieves-strategic-status-under-european-initiative/
