Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsHungary: 223 MW...

Hungary: 223 MW solar power plant launched

 

The largest solar power plant in Hungary, with 223 MW installed capacity, has been inaugurated in Mezocsat in the northern part of the country. The new solar power plant, which consists of 466,000 solar panels, will produce 372 GWh of electricity per year. The solar power plant will contribute about 8% of the country’s solar-generated electricity. 

Hungarian Minister of Energy Csaba Lantos said that the share of electricity coming from renewable sources must be increased in the country’s energy mix, new production and storage capacities must be built and infrastructure developments must be implemented to satisfy the growing demand for electricity. He remembered that, according to recently published analysis, the share of solar energy in the electricity mix in Hungary is the sixth largest in the world and the third largest in Europe. 

Last year, a record 1,100 MW of new solar capacity was built in the country, increasing the total installed capacity to over 4,850 MW, which could cover more than two-thirds of the country’s average electricity consumption.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!