Hungary allots 131.4 MW of PV in renewables public auction

• Solar programmers protected 131.4 MW of the ability granted in the public auction, while a biomass setup represented the staying 500 kW of capability. The nationwide power regulatory authority will certainly supply 15-year feed-in costs settlements to the winning projects.

The Hungarian Energy and also Public Utility Regulatory Authority (HEPURA) has actually released a checklist of 72 tidy power projects that it picked in the nation's initial technology-neutral renewable resource public auction in late October.

Every one of the winning projects will certainly be based upon PV modern technology, with the single exemption of a 500 MW garbage dump gas plant based upon biomass.

The power regulatory authority, which initially preselected 186 power projects for the purchase workout, has actually alloted an overall of 131.4 MW of solar. That ability contains 60 projects, consisting of 42.8 MW of setups varying in dimension in between 300 kW and also 1 MW, and also 11 selections with an incorporated capability of 88.6 MW, varying in dimension from 1 MW to 20 MW.

The last typical rate was HUF 24.81 ($0.078)/ kWh in the very first group as well as HUF 21.69 ($0.068)/ kWh in the 2nd. The most affordable quote of HUF 20.20/ kWh was sent for a 20 MW solar plant.

HEPURA will certainly provide 15-year feed-in costs settlements to the effective projects to cover up wholesale power costs. The tender becomes part of the Hungarian federal government's METAR-KÁT renewables reward program, which was introduced in 2017. The European Commission accepted the plan in July. It entered into force in October with a 10-year budget plan of HUF 45 billion.

According to HEPURA's latest stats, Hungary had actually cumulatively set up around 1.14 GW of solar energy by the end of June 2019.