ADVERTISEMENT

Obton to buy 15-MW ReneSola portfolio

Deals

Solar project developer ReneSola has agreed to offload a 15-megawatt (MW) solar portfolio in Hungary to Denmark-based renewables investor and asset manager Obton for an undisclosed price, energy site Renewables Now reported.

The portfolio includes 25 solar farms under development in three locations. The projects are eligible for Hungary’s feed-in tariff scheme.

The latest deal comes after ReneSola signed an agreement in October to sell another 13.9 MW of solar projects in Hungary to Obton, Renewables Now notes.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.