Hungary

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

Solar project developer and also possession owner Photon Energy Group saw its profits reach a brand-new high last year thanks to the sale of electrical power from its growing portfolio of PV plants.

The Hungarian government will certainly support the building and construction of a solar plant in Oman with investment expenses estimated at EUR 10 million (USD 11.28 m).

At the end of 2021, the Hungarian Energy and Utilities Regulatory Authority (MEKH) launched official 2020 data showing that the renewable resource share in gross final energy consumption hit 13.9%.

Most recent project takes developer's PV pipeline in the nation to 75MW

The European Union's (EU) solar PV market has actually navigated a year besieged by supply chain disruptions and module prices hikes to post record levels of yearly deployment, according to research from SolarPower Europe (SPE).

Amsterdam-based solar designer Photon Energy NV (WSE: PEN) claimed on Friday that it has grid-connected its 1.3-MWp solar PV farm in Hungary, its initial merchant project in Europe.

Hungarian company Terran said on Monday it intends to begin following year sales in Romania and also Croatia of solar tiles generated in its brand-new factory in Pecs, Hungary.

German electric energy E.ON has actually been developing large-scale mobile and flexible battery storage space systems (BESS) in Hungary to promote the combination of brand-new eco-friendly power plants right into existing grids at short notice. Recently the firm linked the third such mobile storage system to the local circulation grid in Dúzs.

Solar PV plants generated 10% of the EU-27's electricity demand throughout June and July this year, new analysis by power thinktank Ember has found.

PV panels produced 39TWh in June-July 2021 which is 10% of participant states' electrical energy, claims Ember

China National Equipment Import and Export Corporation (CMC) inaugurated a 100Mw solar park on May 27, the biggest in Central Europe and four times larger than the previous primary solar park in Hungary built by Israeli Enlight Renewable Energy in 2020. The project's value is HUF36bn (EUR103mn).

Photon Energy has reached more than 420MWp of PV projects under growth, as the Netherlands-based renewables company weathered the influences of COVID-19 on its financial efficiency last year.

Solar projects professional ReneSola Ltd (NYSE: SOL) on Thursday stated that it has actually finished up the sale of 12.3 MW of solar farms in Hungary.

Solar designer ReneSola went back to web revenue last year regardless of battling with decreasing revenues throughout 2020.