Hungary: ReneSola completes the solar capacity sale

, SEE Energy News

Chinese solar project developer ReneSola said that it has completed the sale of 12.3 MW in solar power plants in Hungary. The sale agreement with Danish renewable energy company Obton was signed in January. It includes a total of 20 solar power plants located in Sarbogard, Komlod, Szajol, Lukacshaza and Torokszentmiklos. The projects all became operational in 2020 and qualify under Hungary’s 25-year feed-in-tariff scheme. Last April, ReneSola sold to Obton 25 solar parks at three different locations, which are under construction, with a total installed capacity of 15 MW. In 2019, Obton already obtained 24 solar power plants from ReneSola, with total installed capacity to 13.9 MW. All these plants operate under Hungary’s 25-year feed-in-tariff scheme.