Hungary

Greece and Hungary pledge to phase out coal

Athens-based policy group The Green Tank labelled Greece’s decision “historic” while Europe Beyond Coal, an alliance of civil society groups working to make Europe coal free by 2030 said Hungary should target a more ambitious 2025 phase-out.

2

Rooftop PV has reached grid parity in main EU markets

Researchers have developed a high-resolution geospatial method of assessing the solar potential of all buildings in the EU and concluded rooftop PV could provide a quarter of the bloc’s electricity needs. The scientists say grid parity for rooftop solar has been reached outside eastern member states with cheap fossil fuel electricity.

1

Japan’s Toray to manufacture battery components in Europe

Japanese materials company Toray has announced plans to open a facility for manufacturing battery separator films for use in lithium-ion batteries. The factory is expected to begin operations in July 2021 and will increase Toray’s production material for the component by around 20%.

Hungarian oil and gas provider MOL enters the hydrogen business

The fossil fuel company will partner with Slovakia’s InoBat to develop hydrogen-related projects in central and eastern Europe. Sourcing and supply of hydrogen will be the main focus of the cooperation.

Hungary deployed more than 400 MW of solar in 2018

The nation had a record year for solar energy development. Most of last year’s new additions – 320 MW – came through a FIT scheme but a further 90 MW was represented by net metered installations. Hungary’s cumulative installed PV capacity reached around 700 MW in 2018.

EU wants to know more about Eon’s bid to acquire Innogy

According to the Brussels authorities, the transaction could affect competition in the electricity and gas sectors. EU competition commissioner Margrethe Vestager wants to ensure there are no price increases as a result of the proposed takeover.

ReneSola looks to Hungary and Poland

French-backed institutional investor Eiffel Energy Transition Group will finance almost 100 MW of new solar capacity in the central European nations after signing a deal with the Chinese developer.

Europe moves further towards large-scale battery cell production

More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.

7

Hungary to see record PV growth in 2018

The Eastern European country is expected to see between 300 and 400 MW of PV capacity deployed this year. This growth will be primarily driven by the FIT program, which closed in mid-2016. Net metered PV installations up to 50 kW represent another key market driver, while C&I projects between 50 kW to 500 kW have ground to a halt.

2

Wärtsilä completes its first European energy storage project

Hungary-based Sinergy Kft is the recipient of Wärtsilä’s first EPC energy storage project in Europe. The Finnish technology group commissioned the engine plus storage hybrid installation, its first globally, on August 22. The VPP can now provide frequency and secondary regulation to the Hungarian national grid.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close