We are delighted to announce the signing of a Memorandum of Understanding to complete the development of a project pipeline in Hungary, with approximately 70 MWp planned capacity in aggregate.
With this, we are aiming to leave our mark on what is one of the most exciting solar markets currently. With its robust FIT scheme and good irradiation by European standards, Hungary is proven to have quite the pulling power among investors and developers alike.
The ready-to-build (RTB) status for all projects is expected in the coming 3-4 months. Meanwhile, the construction completion target is summer 2019.