hungary

The European Commission has approved this week Italy’s and Hungary’s aid schemes to support renewable energy projects.

The European Commission has approved a €2.36 billion (US$2.6 billion) Hungarian scheme to accelerate investment towards renewables manufacturing.

Stem has deployed its AI monitoring and optimisation solutions at the 304MW Mezőcsát solar plant in Hungary, the country’s largest.

Solar PV developer Chint Solar will develop almost 200MWp of solar PV projects in Hungary expected to be commissioned in 2024.

A round-up of the latest PV project news from the US and Europe, including two announcements in Spain, the inauguration of a pair of Hungarian PV plants and operations beginning at an installation in Colorado from Lightsource bp.

High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.

The European Union (EU) generated a record 12% of its electricity from solar between May and August 2022, a report from think tank Ember has revealed.

Eastern European solar markets face a familiar foe in grid constraints, especially with high voltage network capacity, but high energy prices are creating potential for merchant projects in the region.

Solar project developer and asset owner Photon Energy Group saw its revenue reach a new high last year thanks to the sale of electricity from its growing portfolio of PV plants.

The European Union’s (EU) solar PV sector has navigated a year beset by supply chain disruptions and module prices hikes to post record levels of annual deployment, according to research from SolarPower Europe (SPE).