ReneSola agrees to sell Hungary solar parks to Obton

Green Energy

ReneSola, a solar project developer headquartered in the United States, on Friday said it agreed to sell its portfolio in Hungary to Denmark's Obton, according to a report by state news wire MTI.

The 20 solar parks have a combined capacity of 12.3 MW and participate in Hungary's feed-in tariff scheme.

"Obton remains a valuable partner for us," ReneSola's chief executive for Europe Josef Kastner said. "We look forward to working with Obton in Hungary and other geographies across Europe in the future."

Avg Gross Earnings at HUF 605,400 in February 2024 Figures

Avg Gross Earnings at HUF 605,400 in February 2024

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Hungary, UAE Sign Defense Industry Agreement Deals

Hungary, UAE Sign Defense Industry Agreement

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.