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Hungary

Universal electricity access by 2030 remains a distant dream

Energy efficiency, electrification of heating and transport, and the provision of clean cooking facilities are all going in the wrong direction as the Covid crisis deprived millions in sub-Saharan Africa of electricity use, according to a report by the IEA, IRENA, WHO, World Bank and UN Statistics Division.

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Eurostat figures confirm rise of renewables during Covid-hit 2020

While solar, wind and hydro generated 80 TWh more electricity last year than in 2019, coal and oil use fell in every EU member state, and Greek energy emissions fell almost 19%.

Hungary launches third renewables auction

The Hungarian energy regulator expects to contract around 300 GWh of renewable energy in the procurement exercise.

Solar changing shape of electricity prices in Northern Europe

Rising volumes of photovoltaic project capacity are increasing the incidence of negative price periods for electricity–and changing the times of day when they occur.

Solar could help Azerbaijan consolidate gains in Nagorno Karabakh after recent conflict

That was just one of the revelations of the latest Dentons’ Guide to renewables investment in Europe, which also noted solar plants could be switched off in Slovakia, Ireland could go either way on clean power pricing, and Luxembourg is struggling with a surprising headache.

Photon Energy update after ‘difficult’ quarter

The Amsterdam-based, Australia and central Europe-facing developer saw sales slump thanks to Covid-19 last year but has touted a growing operational project portfolio.

Hungary’s second renewables auction concludes with lowest bid of $0.0549/kWh

The auction has been significantly oversubscribed and has seen 36 successful projects among 257 submitted. Around 390 GWh of power was contracted and will be provided exclusively by PV projects.

Photon closes €13m refinancing for Hungarian solar projects

Ten arrays commissioned in the last four months, with a total generation capacity of 14 MWp, have been refinanced with a 15-year loan.

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EU records annual rise of 7 TWh in third-quarter solar output

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

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Bulgaria and Romania set to be EU solar hotspots

Each of the nations, like Greece, will have gigawatt-plus solar additions in 2024, according to Solarpower Europe, enough to carve out a 3% slice of an anticipated 35 GW regional market.

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