Spain and Portugal to build two huge solar power plants in Hungary

There appear to be two different projects because the project size is different:

Portugal's Greenvolt Power, the Greenvolt Group’s subsidiary for Utility-Scale renewable energy projects, signed a €36 million Project Finance with UniCredit Bank Hungary for the construction, operation, and maintenance of a 57 MW solar photovoltaic park in Hungary.

The solar park is currently under construction and with this Project Finance it is expected to reach the Commercial Operational Date by the end of the first half of 2024.

“With this financing, we are prepared to quickly put another solar park into operation, this time in Hungary, which will allow us in the short term to generate more green energy that will be consumed by everyone”, commented João Manso Neto, CEO of the Greenvolt Group.

This Utility Scale Project will have an installed capacity of 57 MWp which will allow it to generate 87 GWh annually. The location is not known, but there is already an agreement to connect the solar park to the electricity grid, with the energy generated being sold under the feed-in-tariff support scheme currently applied In Hungary.

Spain's Gonvarri Solar Steel, a leader in the design and manufacturing of solar trackers and fixed structures for the PV energy sector, has commenced the supply of 1,415 units of its fixed structure for a new 65 MW project in the Szabolcs-Szatmár-Bereg county, located in eastern Hungary. Neither the exact location, nor the name of the customer are known.

In the cool, sunny weather on Wednesday (20 March), the electricity production of industrial solar power plants in Hungary reached around 3,400 MW for several hours, setting an exorbitant new historic record.

The previous record was set only a month ago, when the daily generation record was 2,792 MW, and it only says that a record of over 3,000 MW was set yesterday. But if you look at the MAVIR gross plant management data, you can see that from about 10 a.m. until about noon, there was a steady feed-in of around 3,400 MW from the larger industrial solar plants above 50 kW into the grid, so that most of the current system load (instantaneous demand) of around 4,500 MW was met by solar plants.

This happened in addition to the fact that one of the units of the Paks Nuclear Power Plant has not been generating for quite some time, and yesterday the Mátra Power Plant had to cut back its production a little during the day, and the country was able to export around 1500 MW of net electricity during the sunny hours.

Címlapkép forrása: Patrick Pleul/picture alliance via Getty Images