As part of our dedication to emerging solar markets worldwide, we are delighted to announce the Solar Market Briefing Hungary taking place on 2nd of September at 10:00 AM CEST at Solar & Storage DigiCon.
Hungary is taking big steps towards solar power energy. The installed capacity of solar power plants has increased almost tenfold in Hungary in five years (2016-2020) and this trend will continue in the future. With an addition of 553 MW, the cumulated solar PV installed capacity in Hungary reached around 2 GW by the end of 2020.
And the future outlook is positive – according to the Hungarian energy strategy, the government aims to have at least 200,000 households with an average of 4 kW solar modules by 2030. This means a 400 MW of added capacity to the residential segment until 2025 and almost a 15 % of the annual PV installations until then. The main driver for the market is the current METAR scheme through renewable energy auctions. Winning projects will still have a 3-year deadline for the completion of the projects. Therefore, EUPD Research predicts that Hungary passes a 3 GW threshold by the end of 2022 and make a decent sprint for the 6.5 GW PV target (2030) by 2025 when the country will have reached more than 5 GW of PV capacity.
Join us for one hour of compelling market intelligence shared by distinguished experts. The event will cover a macro view on the status quo and future predictions for Hungary as well as first-hand insights highlighting the international developers and investors view.
10:00 – 10:20 AM CEST
The Hungarian Solar Market Overview – Status-quo and Forecast
Parag Bahmre, Partner, EUPD Research
10:20 – 10:40 AM CEST
The Hungarian Solar Market Through the Lens of International Developers and Investors
Ferenc Kis, Renewable Energy Business Development Director, RSK Europe
10:40 – 10:50 AM CEST
Clean Energy for Everyone – How Distributed Storage is Solving The Energy Crisis
Fernando Orozco, International Business Development Manager, sonnen GmbH