EDPR bags 50 MW of solar in Hungarian renewables public auction

• Madrid-based renewables developer EDP Renovaveis SA (ELI: EDPR) has actually protected a 15-year contract-for-difference (CfD) for a 50-MW solar project in Hungary in the nation's latest renewables auction.

With this award, EDPR is taking its first step in the Hungarian market, it said on Friday, including that its anticipates the solar farm to begin industrial operation in 2022. No other information were released.

EDPR was just one of 36 victors in Hungary's second renewables tender, which was released in July 2020. On Thursday, the auction organiser, the Hungarian Power and also Utilities Regulatory Authority (MEKH), claimed that just solar power projects won agreements, with the round wrapping up with a combined capability of 210 MW.