Tag Archives: Hungary

Poland and Hungary lead Europe in photovoltaic solar power growth

Poland boosted its output from solar panels by 37% and Hungary by 49% in the first half of this year, while renewable energy outpaced carbon fuels in EU power stations for the first time, according to a report. The study by Ember, a think tank that campaigns for a transition from carbon-generated energy, said that … Continue reading Poland and Hungary lead Europe in photovoltaic solar power growth

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Hungary’s potential for wind energy

Hungary’s wind energy capacity could triple in the coming years, offering the potential to generate significant benefits. However, there are also several challenges associated with wind energy that need to be addressed. While wind energy is a promising renewable energy source, it is more difficult to predict compared to solar energy. Additionally, power generated from … Continue reading Hungary’s potential for wind energy

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The Growing Importance of Wind Energy in Hungary

The future of Hungary’s energy market is set to be revolutionized by the growing importance of wind energy. As the country faces increasing pressure to reduce its reliance on fossil fuels and transition to a more sustainable energy system, wind power is emerging as a key solution to meet these challenges. This shift towards renewable … Continue reading The Growing Importance of Wind Energy in Hungary

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EDPR is awarded with 25 MW for a PV project located in Hungary

EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, has been awarded with 25 MW for its Nyirseg PV project located in Hungary. The award means that the project will benefit from a CfD valued at 15.73 HUF/MWh (circa 42.5€/MWh) for a period of 15 years.  The construction of the project will start … Continue reading EDPR is awarded with 25 MW for a PV project located in Hungary

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EDP Renováveis enters Hungarian market with a 50 MW solar PV project

The company has secured a 15-year Contract-for-Difference (“CfD”) and the project is expected to be operational starting in 2022. As part of its growth strategy, EDPR continues to study opportunities in markets with a low risk profile and regulatory stability. EDP Renováveis, SA (“EDPR”) secured a 15-year Contract-for-Difference (“CfD”) to sell energy produced by a … Continue reading EDP Renováveis enters Hungarian market with a 50 MW solar PV project

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