Steag and LSG seek new solar opportunities in SEE
Date: August 27th 2021
Author: Tanja Srnovršnik
German Steag Solar Energy Solutions (Sens) and the Austrian LSG Group are looking at new solar projects in south-eastern Europe after connecting 65 MW of solar capacity to the grid in Hungary this week.Sens and LSG have formed a joint venture to explore the photovoltaic markets in eastern and south-eastern Europe, and the Hungarian project which included 130 solar parks was their first one.
Hungary, along with Romania and Greece, are now being considered for future projects as the region offers attractive conditions for photovoltaics with Hungary experiencing 2,500 hours of sunshine, compared to 1,900 in Germany, said Sens, without specifying any expansion targets.
Sens has been part of the Essen-based German utility Steag since July 2019.
In October, Steag announced it would focus more on renewables, reported Montel. At that time, Steag said that it was planning to close all of its remaining German hard coal-fired power plants except for its newest unit, Walsum 10 (725 MW), by November 2022.