Hungary opens up tender for 864 GWh of renewable power

• Hungary has actually released a new tender under its METAR motivation programme that looks for to award contracts for 864 GWh of power from renewable energy sources.

The call was opened by the Hungarian Energy and Public Utility Regulatory Authority (MEKH) on Friday and also is the country's 6th eco-friendly tender round. Proposals will be approved between March 25, 2022 and also March 28, 2022.

The regulatory authority intends to get 144 GWh of power from renewable resource plants with capacities of in between 5 MW and also 20 MW, while the bulk of the tendered power, 720 GWh, will certainly come from plants in the 20 MW-50 MW group, documents reveal.

Hungary began the METAR renewables incentive programme in 2017. Results from the last finished tender, which started in November 2021, have still not been released, while the previous version was terminated. The third procurement workout resulted in contracts for 299 GWh of power from 183 MW of solar photovoltaic (PV). Nothing else source won a contract. The heavy typical cost in little as well as large plant categories was HUF 21.26 (USD 0.06/ EUR 0.055) per kWh as well as HUF 16.15/ kWh, respectively