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.
The solar plant is located in Kaposvàr, southwest Hungary, and will sell power at €0.09/kWh under the country’s feed-in tariff regime.
According to the Hungarian authorities, 253 of the procurement exercise’s 255 pre-selected projects are for photovoltaic plants. Around 390 GWh will be contracted in an auction that has been significantly oversubscribed.
The maximum size of eligible projects has been increased from 20 MW to 50 MW. The Hungarian government aims to contract around 390 GWh of generating capacity per year, with 40h GW to be reserved for the Small PVPP category, including installations between 300 kW and 1 MW in size. It will set aside 350 GWh for the Large PVPP group, which includes projects ranging in size from 1 MW to 50 MW.
In its next procurement exercise, the Hungarian government will allocate 77% of the available renewable subsidies that it failed to assign in March’s auction.
Solar developers secured 131.4 MW of the capacity awarded in the auction, while a biomass installation accounted for the remaining 500 kW of capacity. The national energy regulator will provide 15-year feed-in premium payments to the winning projects.
The cell is being manufactured by Switzerland-headquartered Ecosolifer with a manufacturing line provided by heterojunction specialist Meyer Burger at a 100 MW factory located in Hungary. The claimed efficiency is yet to be confirmed by an independent party.
Of 169 pre-selected projects, one is a project for landfill gas production; the remaining 348.5 MW of generation capacity comes from solar projects. The auction’s final results are expected in spring.
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