Tag: renewables

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China's CMC to start construction of mammoth solar park in Hungary

June 14, 2019, 3:35 pm
The China National Machinery Import & Export Corporation (CMC), specialised in the import and export of mechanical products, is to start the construction of a 100 megawatt photovoltaic power station, the... 

Neglecting wind energy could cost Hungary HUF 25 bn

June 5, 2019, 10:09 am
As it currently stands, wind energy will not be included in Hungary's first ever renewable energy tenders, to be called this year, and excluding potential wind project developers from the auctions could... 

Value of renewable projects multiplies in Hungary

June 4, 2019, 12:15 pm
The energy transition has been practically going on for 20 years, but the global appetite for energy is not decreasing and this demand is met by fossil sources for the time being, Csaba Kovács, energy... 

Renewable power capacity stalls for 1st time since turn of millennium

May 7, 2019, 9:35 am
After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about... 

Slovakian company embarks on major solar plant project in Hungary

March 12, 2019, 4:50 pm
Greentechnic Hungary Ltd. has received an order by Slovakian solar panel manufacturer Radix Union S.r.o. to build 165 solar parks with 500-kilowatt capacity each in Hungary. The value of the investment... 

Hungary on the bottom of EU wind farms ranking

March 7, 2019, 5:00 pm
Wind power plays an ever greater role in Europe’s energy supply. In 2018, wind power accounted for 14% of the European Union’s total electricity demand. The winds of change continue to blow... 

Renewable energy - Where Hungary fares better than the EU average

March 4, 2019, 9:41 am
Renewable energy accounted for 19.5 % of the total energy used for heating and cooling in the European Union (EU) in 2017, reported Eurostat, the statistical office of the European Union, on Monday. The... 

Audi and E.ON build Europe's largest PV roof system in Hungary

February 15, 2019, 12:07 pm
The Hungarian arm of German carmaker Audi and German power company E.ON are together constructing Europe’s largest photovoltaic roof system on the building of Audi Hungaria in Győr, northwest Hungary... 

Hungary K&H Bank inks 15-yr financing deal with Dutch firm

January 21, 2019, 1:55 pm
K&H Bank, the Hungarian unit of Belgium’s KBC Group, and Dutch Photon Energy signed a 15-year project financing agreement for the company’s photovoltaic power plant portfolio in Hungary. ... 

New large solar plant to be built in Hungary

November 5, 2018, 12:18 pm
China-based Unisun Energy Group has recently announced it was about to commence construction of the first phase of its ground-mounted solar power facility in Tiszaszőlős, Hungary with initial installed... 

Hungary at the bottom of EU's renewable source ranking

September 21, 2018, 2:03 pm
While electricity generation from renewable sources contributed more than one quarter (30 %) to total gross electricity consumption in the European Union in 2016, the ratio in Hungary was merely 7%, the... 

Natural gas to play a role until solar energy's final triumph - Portfolio conference

June 7, 2018, 4:45 pm
Renewable energy and natural gas are not necessarily mutually exclusive, they could play a complementing role in the energy mix, Péter Horváth, business development director at MET Power, said at Portfolio's... 

Hyundai opens new R&D centre in Budapest

February 19, 2018, 12:47 pm
Hyundai Electric & Energy Systems Co. has opened a renewable-energy technology research center in Hungary, the energy solution unit of South Korea’s leading shipbuilder Hyundai Heavy Industries Co.... 

Hungary meets 2020 energy target despite falling share of renewables

January 25, 2018, 3:02 pm
The European Union covered roughly 17% of its final energy consumption from renewable sources in 2016, according to the latest Eurostat publication. Hungary is one of 11 member states that have already... 

Israel’s Enlight to acquire solar capacity in Hungary

January 22, 2018, 9:35 am
Israel-based Enlight Renewable Energy Solutions intends to acquire 57 MW of solar power capacity in Hungary, Israeli news portal Globes reported on Monday. Enlight has reached the first milestone in... 

Small-scale solar panels slowly gain momentum

August 11, 2017, 3:49 pm
The number and the capacity of household-size power plants are growing year by year. This is attributed mostly to the installation of more solar panels, which makes up 99.17% of the total household electricity... 

Brussels nods on Hungarian support scheme for renewable electricity

July 12, 2017, 3:41 pm
The European Commission has found the new Hungarian support scheme for renewable electricity to be in line with EU state aid rules. The scheme will help Hungary to reduce CO2 emissions, in line with EU... 

Hungary wants more money from Brussels on energy policy

May 19, 2017, 4:52 pm
Raising the energy efficiency target by 3% to 30% for 2030 would place a significant burden on member states therefore Hungary does not support it, Hungary’s state secretary in charge of energy issues... 

Hungarian Solar Panel Plant Featured by Bloomberg

April 21, 2017, 1:53 pm
"Clean energy isn't just the future, it's the present," states Bloomberg as the title of its selection where a variety of solar stations are featured worldwide. Mátra Power Plant's 16 megawatt photovoltaic... 

Corecomm opens solar panel plant in Hungary

April 20, 2017, 4:45 pm
Corecomm SI has started manufacturing solar panels in its new plant in Veszprém, with capacity to supply 8,000 households annually, CEO Balázs Horváth told news agency MTI on Thursday. The new 1,200... 
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