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Europe’s emerging PV markets

For large-scale installations, Hungary and Greece are two of Europe’s emerging solar PV markets. The solar PV sector in the two countries kicked off years ago predominantly via feed-in tariff (FIT) remuneration policy schemes. In the case of Hungary, FITs created a PV market primarily for small systems up to 500 KW in size, while Greece’s FIT supported both small-scale installations and larger systems with multi-MW capacity. But today’s picture has changed significantly – creating both new opportunities and challenges.

By

pv magazine

25 Jun 2020

Photo: MVM

HungaryHungary’s FIT law was passed in 2007, with tariffs differentiated by plant size, time of licensing, time zones (three per day), and energy technology. For PV specifically, FIT installations started to take off in the 2012-13 period, when solar costs started to drop significantly.Hungary’s PV sector had its biggest surprise in 2018, when the country …

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