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A joint venture between Vienna‑based Renalfa Solarpro Group and French fund manager RGREEN INVEST has secured €315 million in HoldCo financing, led by the European Bank for Reconstruction and Development (EBRD).
With a nominal output of 40 MW and a storage capacity of 80 MWh, the facility marks the latest in a series of energy storage investments by MET Group across Europe.
Solar developer IB Vogt has signed an agreement to sell a 66 MW PV project to Hungarian MOL Group. The solar farm will begin commercial operation in Q1 2025. This marks the first project by IB Vogt in the Hungary.
In many countries in Central Europe, the market for large-scale battery storage is growing rapidly. The drivers are diverse, but there are still obstacles, as Eliza Stefan, Sales Manager BESS for Central & Eastern Europe, Jinko EES, points out.
German-based ABO Energy has recently inaugurated and connected a 20-megawatt solar park in Hungary. The project, located near the city of Szarvas in the southeast of the country, is the largest project that ABO Energy has developed and built in Hungary to date. Sales are planned for the first half of 2025.
Opera Solar announces partnership with Sharp Energy Solutions Europe. This cooperation aims to transform the energy supply, starting with two projects in Hungary and Slovakia.
Photon Energy's Hungarian subsidiary has completed the construction of a 658 kW PV power plant and has commenced operation. This is based on a 20-year PPA with Clarion Hungary, a subsidiary of Forvia, the seventh largest automotive technology supplier in the world.
MET Group inaugurated its second solar power plant in the Eastern Hungarian town of Kaba. The ‘MET Kaba II Solar Park’ site covers an area of 31 hectares in which more than 33,000 solar panels were installed.
Eastern Europe is one of the new solar market champions. The organizers of Intersolar Europe 2024 are expecting a large number of visitors from this region.
Clenergy secured a collobaration agreement with SolServices for a 20 MW solar tracker project in Budapest/Hungary.
SolarPower Europe’s new EU Market Outlook for Solar Power 2023-2027 reveals a record 56 GW of solar installations in Europe in 2023. However, the forecast for next year is lower.
The Swiss MET Group has launched a power-to-heat project at its Dunamenti gas-fired power plant in Százhalombatta, Hungary, with an electrode boiler that can use surplus renewable electricity to generate hot water for heating purposes.
96 MW more green energy in the grid: two new MET solar parks have started production in Hungary.
BYD has achieved another significant milestone. It is just over a decade since BYD accomplished a ‘world-first’ when its pure-electric bus fleet first entered commercial operation as part of its vision for electrification to ease environmental pollution.
Photovoltaic wholesaler Krannich Solar announced yesterday that it is continuing to grow and in doing so establishes subsidiaries in China, Romania, Hungary, Australia and the USA.
Together with its Austrian partner in this project, the LSG Group, Steag Solar Energy Solutions (SENS) has added 130 solar parks with a total capacity of 65 megawatts to the Hungarian power grid since August 2020.
Ferenc Kis from RSK Group and Kinga Máté from Solar PV Hungary are analysing the results from the latest Hungarian renewable energy auctions from February 2021. 210 MW new capacity were awarded, out of which 185 MW capacity went for ‘zero-bids’ and their 6 projects require no state subsidy.
Sungrow announced that the Company supplied its inverter solutions to a 100-megawatt solar park in Kaposvàr, south-west Hungary, which is one of the largest PV projects and biggest investment of this nature in entire Central Europe.
The Photon Energy Group announced that Photon Energy Solutions HU Kft., the Group's Hungarian subsidiary has completed and grid-connected six PV power plants, with a combined capacity of 8.5 megawatts, in the town of Püspökladány, Hungary.
IBC Solar Energy, has completed the 43 megawatt “MET Kabai Solar Park” in Hungary. The PV plant was connected to the Hungarian public grid recently.
BYD has recently completed a delivery of ten eBuses to public transport operator, Tüke Busz Zrt, in the southern Hungarian city of Pécs – marking the start of the first ever electric bus operation in the city. The vehicles were manufactured at BYD’s production facility in Komárom, also in Hungary.
