January 26, 2023: Monbat, the Bulgarian lead and lithium battery maker, announced on January 19 that it had joined APSTE — the Association for Production, Storage and Trading of Electricity.
“Membership in the association is part of Monbat’s strategic planning for establishing a strong presence in the battery energy storage system segment,” says a company statement.
APSTE was founded by Bulgarian and international companies in 2019. It advocates for the introduction and development of adequate policies and regulatory framework in Bulgaria to support the transition to a sustainable, low-carbon and secure energy system.
Monbat joins APSTE members: Bepton, CMS, CWP Global, E2C, EEC (El Ex Corporation), Electrokab, Element Power, EMV, Enery Element, European Energy, Fluence, HEC, Hecsolar, IPS, IVCO, Jinko, Kambourov & Partners, KDP, KP, Photomate, Profiline Energy, PV Consult, Renergy Engineering, Renewable Energy Insurance Broker, Resalta, Schonherr, Siemens, Smart Energy Solutions, Solar Enterprise, SolarMD, Sunotec, SV Lawyers, Synergon Energy, Tesla, TPNCTAH, WPD, and XFigure Finance.
Viktor Spiriev, CEO of Monbat said: “We hope that the partnership between us will improve the regulatory environment and the market creating an impulse for the rapid deployment of the most efficient combination in the sustainable energy — RES and BESS — in all market segments.”