Hungary

Transition to renewables: Uniper is investing €8bn in renewable energy projects in Hungary and plans to end coal-fired electricity production by 2029. With 280MW of solar capacity ready to build, the company will continue to work with local authorities and stakeholders.

Hungary is taking steps to boost economic growth and recovery, setting out plans to reduce investment costs and provide generous subsidies for renewable and green investments. Foreign Minister Peter Szijjarto said the government is committed to ensuring economic growth and green transition, but challenges remain.

The Hungarian government has officially announced the commencement of operations at the country's largest solar photovoltaic (PV) park. This 233-MW facility, located in Mezocsat, a municipality in the northern Borsod-Abauj-Zemplen county, was constructed by local developer PolSolar Kft.

5 projects that complete 200MW will go into construction throughout Q2 2023

German specialist IBC SOLAR Energy has settled two solar power projects with an integrated capacity of 96 MWp in Hungary and connected the plants to the grid, the company stated on Thursday.

Projects have an integrated capacity of 96MWp

German solar developer and also EPC providers Greencells has connected a 65-MWp solar farm to the grid in Hungary, bringing its set up capacity in the Central European country to 345 MWp.

French renewables business Voltalia SA's (EPA: VLTSA) Helexia subsidiary has installed the panels for 3 out of 20 rooftop planetary systems amounting to 25 MW it is supplying for Auchan Retail in Hungary.

Solar project developer as well as operator ReneSola Ltd (NYSE: SOL) stated today that its inaugural independent power manufacturer (IPP) project in Hungary with a capability of 10.2 MWp has actually reached commercial procedure.

Up until Hungary gets access to European funds for grid upgrades, any type of brand-new solar power plants and also small roof systems can only be utilized for own intake. The domestic PV sector is requiring exemptions for locations where the network can absorb more capacity.

Amsterdam-based solar programmer Photon Energy NV (WSE: PEN) claimed on Friday it has actually brought online a 1.4-MWp solar plant in Hungary, increasing its portfolio of proprietary solar farms in the nation to 51.8 MWp.

Hungary's Lugos Renewables will certainly hold 70% equity rate of interest in the 73 MW Trebinje 1 solar plant project in Bosnia's Serb Republic, regional media reported on Thursday.

IBC Solar Energy is to begin constructing 96MW of solar capacity in Hungary in spring 2022.

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.

Greencells' Szügy project is already under construction as well as is anticipated to start procedures in October 2022