The EU member state added 418 MW of new solar in the first six months of the year and its energy regulator expects another 1.4 GW in the years ahead, as a result of the METAR incentives scheme introduced in 2017. The regulator has also announced a pilot renewables auction with the results expected early next year.
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.
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.
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.
The Hungarian government has amended its recently issued support scheme METAR, in order to introduce a tight deadline for residential and commercial PV, which will, in reality, mean the end of most of projects in this segment. The METAR scheme had been approved by the European Commission last summer.
The company will initially build solar facilities at three of its main industrial sites in Hungary, on currently unused areas.
The new scheme envisages the construction of 600 solar farms with a capacity of 0.5 MW each.
Minister heading the Prime Minister’s Office, János Lázár, outlines plan to ease regulations regarding solar installations up to 500 kW installed on small one hectare sites, confirms government will offtake all solar energy produced.
The Hungarian government has updated the Decree 389/2007, which regulates the support for renewable energies, to allow around 2 GW of projects approved under the FIT program to see completion by the end of 2018, although the incentive scheme was closed in mid-2016.
The European Commission said the support scheme is in line with its 2014 Guidelines on State Aid for Environmental Protection and Energy.
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