Hungary: ReneSola to sell its SPPs to Obton

, SEE Energy News

Chinese solar project developer ReneSola has agreed to sell its solar power plants with combined capacity of 12.3 MW in Hungary to Danish renewable energy company Obton.

The sale 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 solarpower plants from ReneSola, with total installed capacity to 13.9 MW. All these plants operate under Hungary’s 25-year feed-in-tariff scheme.