Emeren Group Ltd sells 53.6 MW solar projects in Hungary to Kronospan/Douglas Renewables. The diverse portfolio includes six projects, four operational, one starting Q4 2023, and the final by mid-2024. The projects, located in eastern Hungary, will collectively power around 9,500 households. The transaction, facilitated by Pontes Budapest, concluded in November after receiving government approval.
Kronospan acquires 53.6 MW PV projects from Emeren Group
Emeren Group Ltd has a project pipeline and IPP assets totaling over 3 GW, and a storage pipeline of over 10 GW across Europe, North America, and Asia. Illustration from Pexels.
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)