Photon Energy subsidiary Photon Energy Solutions has announced that it has completed and grid-connected seven photovoltaic power plants with a total installed capacity of 4.9 MWp, in the municipalities of Fertőd and Kuszentmárton, Hungary.
As an extension to Fertőd I, the Group’s 1st 528 k Wp power station within the Hungarian market commissioned in March 2018, the 5 add-ons (Fertőd II) cover a region of half-dozen hectares and also are connected to the grid of the E.ON Észak-dunántúli Áramhálózati Zrt.
While the Fertőd I project had been acquired at the ready-to-build stage, the Fertőd II projects were internally-developed by gauge boson Energy.
The remaining 2 PV power plants in Kuszentmárton extended over 1.7 hectares and connected to the grid of E.ON Tiszántúli Áramhálózati Zrt. The seven PV power plants expected to generate around 6.0 GWh of electricity each year.
“We are excited to have commissioned another seven PV power plants in Fertőd and Kuszentmárton so far once more, it confirms our team’s capability to fleetly and at the same time implement multiple projects in numerous locations and to the very best industry standards,” said Georg Hotar, CEO of photon Energy.
The group would own and operate the power plants through many wholly-owned project firms that own seven kat licenses, entitling every power plant to a feed-in tariff of 32,590 HUF per MWh (approx. EUR 100 per MWh) over a period of twenty five years with a maximum approved and supported average production of some 15,600 MWh per license.