Photon Energy announces that its subsidiary Photon Energy Solutions HU Kft started construction as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp in Almásfüzitő, Hungary.
The eight solar facilities of 498 kW each will be installed in the vicinity of the Hungarian village Almásfüzitő located some 75 km northwest of Budapest near the Slovak border.
Covering an area of 6.96 hectares, the power plants will be composed of almost 20,000 Jinko modules that are designed to generate around 6.6 GWh of electricity per year. Subject to weather conditions, the power plants are expected to be connected to the grid of E.ON Észak-dunántúli Áramhálózati Zrt before the end of the year.
Photon Energy will deliver the engineering, procurement and construction services through its subsidiary Photon Energy Solutions HU Kft. Once connected to the grid, the group’s subsidiary Photon Energy Operations HU Kft will provide long-term monitoring as well as operations and maintenance services to the systems. All eight power plants will become part of the Group’s proprietary portfolio.
“Following the recent announcement of construction start on 5.5 MWp solar projects near Tiszakécske, the construction start on an additional eight solar projects in Almásfüzitő with a capacity of another 5.5 MWp underlines our strong commitment to the Hungarian market and our goal to expand the company’s own portfolio of solar power plants,“ comments , CEO of Photon Energy.
Photon Energy will own and operate the projects through the Group’s wholly owned company Rácio Master Kft. The subsidiary owns eight KÁT licenses that entitle the power plants to a feed-in tariff of 32 HUF per KWh (approx. EUR 0.1 per kWh) over a period of 25 years with a maximum approved and supported production of 15,500 MWh per license. Total annual revenues of all power plants are expected to amount to around EUR 660,000. The total construction cost of the eight power plants is estimated at around EUR 6.1 million.
Photon Energy is operating also in Romania, with as Country Manager of Operations and Maintenance for Romania. Lauru Bădiţă is one of the confirmed speakers at the November 14th conference energynomics.ro is organizing at Oradea –
The support scheme for small investments in energy generation such as rooftop solar panels could be completed by January 1, 2019, unless it is considered to be state aid by the Competition Council. In such a situation, the scheme should be notified to the European Commission and it is necessary to identify an entity that manages the whole process, whether it be the Ministry of Energy or the Ministry of the Environment.
“If it is not state aid, we can apply the financial compensation scheme starting from 1 January,” said , Vice President of ANRE (National Energy Regulatory Authority), at a conference organized by Focus Energetic.
This Summer, the law underpinning the green energy production in Romania was completed, and the term “prosumer” was finally introduced.
Thus, the prosumer is the final customer who owns electricity generation installations, including cogeneration, whose specific activity is not the production of electricity, who consumes and can store and sell electricity from renewable sources produced in its facilities, including residential blocks of flats, commercial, industrial or closed-distribution networks, provided that, in the case of non-household autonomous renewable generators, such activities do not constitute their primary commercial or professional activity, reminds zf.ro.