Chint Solar preps 200MW Hungarian PV for building and construction
- 5 projects that complete 200MW will go into construction throughout Q2 2023
Chint Solar is functioning towards grid connecting a 200MW portfolio of solar to the high voltage grid in Hungary.
Building of the five solar parks will certainly begin in the 2nd quarter of this year, with anticipated commissioning in 2024.
All 5 projects lie in the north of Hungary.
Project sizes range from 29MW to 51MW, proving tens of hundreds of homes with renewable energy.
The portfolio was established by Chint Solar with Green Plan Energ as regional companion, and lately offered to Shanghai Electric Power (SEP), which is owned by State Power Financial Investment Company (SPIC).
Chint Solar will certainly be responsible for the construction as well as operation of the projects.
Oliver Schweininger, Managing Director/CEO of Chint Solar Europe, stated: "I am delighted to see Chint Solar Europe adding to the power shift in Hungary.
" This virtually 200MW solar portfolio will support the Hungarian economic situation moving from fossil fuels to a lasting future with clean power.
" We are delighted to take this action along with SEP, a distinguished player in the power sector."
Chint Solar was recommended in the purchase by law office Kinstellar as well as M&An advisor Capcora.
SEP was supported by Schoenherr on the legal aspects.
