EDP Renewables has been awarded a 25 MW for its Nyirseg solar photovoltaic (PV) project in Hungary.
The company has secured a Contract-for-Difference (CfD) for the project, which means that the PV plant will benefit from a CfD valued at 15.73 HUF/MWh (42.5 EUR/MWh) for a period of 15 years.
The construction of the project is planned to start during 2022, with commercial operation expected in Q4 2023. The company entered the Hungarian market last February, and with this PV plant, it has reached now 75 MW in the country.
Country updates
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October 12, 2020
Photon Energy completes two out of ten solar farms in Puspokladany
Photon Energy N.V., through its unit, Photon Energy Solutions HU Kft., the Group's Hungarian subsidiary dedicated to engineering, procurement, and construction (EPC) services, has completed and grid-c...
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April 13, 2020
ReneSola Power closes sale of 15 MW portfolio in Hungary to Obton
Renesola announced the closing of the sale of a 15 MW portfolio of solar projects located in Hungary to Obton, a leading international solar investment company headquartered in Aar...
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January 13, 2020
ReneSola signs agreement for the sale of 15 MW solar portfolio with Obton
ReneSola Ltd has entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company. This deal builds upon the earlier sale of...
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November 11, 2019
Photon Energy completes construction 4.9 MWp solar project in ertőd and Kunszentmárton
Photon Energy N.V., through its subsidiary Photon Energy Solutions HU Kft has completed and grid-connected seven photovoltaic power plants with a total installed capacity of 4.9 MWpin the municip...
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October 15, 2019
ReneSola to offload 13.9 MW of solar portfolio to Obton
ReneSola Ltd has entered into an agreement to sell a portfolio of small-scale DG projects located in Hungary to Obton, a leading international solar investment company. The portfolio comprises 24 sol...
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