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Investment Opportunities for Renewable Projects in Hungary

Solar in Hungary

01/01/2017 - Change in FiT:

12 years guaranteed.

Old FiT with 25 years contracts still available for the next 1,5 years.

FiT until 2017

Government regulated price - 31,77 HUF/kWh (0,1€)

25 years of contract

Bill every month, 10 days deadline

590 MWh/annum

59.000€ income/annum

590 MWh/annum

minimal management and

maintenance costs

Fotoszfera chart

Current situation

Projects for sale

Current situation

many applicants can't come up with the financing or just wanted to develop projects => their projects are for sale

Timeline

Timeline of available projects

01. 11. 2018

01.01.

Timeline

August - deadline of moving the permits

all projects have to be connected to the system or permit is lost

2017

test phase must start by

securing financing and land and permits

12.31.

2018

31. 08.

Map

Energy mix

Constructions

plants «500kW

Constructions

Price estimation

  • FiT permit (was free before)
  • Land (usually 1,2 acres)
  • Other permits
  • Inverters
  • Panels
  • Transformator
  • Cables
  • Labour

SUM: €550.000 - €650.000

Threats

  • HUF, not in the € zone
  • long term project
  • political risks

Threats

About us

Energlobe Service Kft. since 2008

owners: Harri Vesa and Almosh Bartha

experience in government relations, financial modelling, renewables, finances

About us

Harri Vesa

supply chain expert

25+ years at UPM-Kymmene

currently employed by E2M

harri.vesa.upm@gmail.com

+358 40 5249145

https://www.linkedin.com/in/harrivesa/

Bartha Álmos

smart metering and energy efficiency

runs two solar plants

almos@bartha.me

+36209193298

https://www.linkedin.com/in/almosbartha/

Roadmap for cooperation

Joint venture

Energlobe would look for eligible projects

Evaluation of projects

Construction

Management of projects

Roadmap for cooperation

Thank you

Thank you for your time!

Harri Vesa and Almosh Bartha

Thank you

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