Hungary - Latest News
Photon Energy Solutions completed and grid-connected 8 PV power plants with a total installed capacity of 5.6 MW in Monor, Hungary. It extends the company`s portfolio of PV power plants to 44.8 MW.
Photon Energy NV built and connected to the grid 8 solar photovoltaic plants totalling 5.5 MWp in Almásfüzitö, Hungary. The plants expanded the group’s PV portfolio to 37.1 MWp, Their combined output is projected to be 6.8 GWh/year.
E.ON and Audi is building a 12 MW PV rooftop installation on two logistics centers of its plant in Győr, with the aim of a C02-neutral plant operation.
The solar project developer ReneSola Ltd closed a bridge finance deal with Eiffel Energy Transition Fund for 96.3 MW of solar projects to be located in Hungary and Poland.
EUR 48.2 million under the Connecting Europe Facility (CEF) were recently approved in order to help the Slovenian transmission system operator ELES to construct power lines between Slovenia and Hungary.
The Government has approved the establishment of the Western Balkans Green Center, under a cooperation project supported by the Ministry for Innovation and Technology of Hungary, which aims to support the green transition in six countries such as Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia.
In the recent years the number of household plants and their built in capacity continued to increase, it represented 99.4 % of the total built in capacity, according to the Hungarian Energy and Public Utility Regulatory Authority (HEPURA).
The Central-European country expects a 400 MW PV growth in this year, thanks to the large-scale solar projects in the framework of the FIT scheme (KAT), which ended in 2016.
The international solar project developer, ReneSola Ltd concluded a long-term project financing agreement to develop an approximately 8 MW KAT-licensed (KAT - Hungarian feed-in tariff scheme) solar project in Hungary.
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