Solarplaza Summit | Hungary

Tuesday 26 November 2024

19:00

Pre-Conference Networking Event

We’re cooking up an exciting evening for our pre-conference networking event. Stay tuned for more details, and in the meantime for any additional information or questions you might have, reach out to [email protected]

Wednesday 27 November 2024

Program


08:30

Registration & Welcome Coffee

45 min.

Session Topics:

09:15

Welcome by Solarplaza

presentation

15 min.

Anna Hryhoriak

Solarplaza

Session Topics:

Session 1

Overview of the Hungarian PV & Storage Market

09:30

Volatility, curtailment & negative spot prices: what risks & opportunities utility-scale PV & BESS projects bring to Hungary over the next years?

presentation

25 min.

Hungary's solar capacity has been expanding rapidly. The country aims to have around 6.5 GW of installed solar capacity by 2030,  driven by both government policies and private sector investment. We kick off the day by giving you fresh insights into what is happening in the market and how the utility-scale PV industry is shaping

Erno Kiss

MNNSZ - Hungarian Photovoltaic and Solar Collector Association

Session Topics:
  • What is happening in the market?
  • Overview of ongoing and upcoming market trends
  • Status of projects and investments in the pipeline
  • Overview of market segmentation (Residential/C&I/Utility)
  • Cost competitiveness of solar in Hungary

09:55

How can Foreign Investors Navigate Safely the Government Pre-emption Right Regime for FDI in PV Projects

presentation

25 min.

On 14 December 2023, the Government of Hungary amended its FDI screening rules through Government Decree No. 566/2023, introducing government pre-emption rights for FDI deals involving strategic solar power plant companies. This right enables the Government to prioritise its acquisition over others parties. Throughout this presentation you will learn how such move impacts investors and how to shield from potential drawbacks.

Krisztina Vauver

Vauver

Session Topics:
  • Navigating the latest Hungarian FDI regime
  • How foreing investors can shield the negative impact of pre-emption rights
  • Estimated timeline and red date involved in reaching to Ready-to-Build stage for your projects

10:20

What ROI & NPV can You Achieve by Investing in and Developing Standalone Storage & PV + BESS Projects in Hungary?

presentation

20 min.

As Hungary faces grid capacity challenges, energy storage projects can make critical contributions towards safeguarding the reliability of the power grid and enabling more RE capacity. This session focuses on this aspect and potential, providing concrete examples and business cases.

Louiza Moutafi

Aurora Energy Research

Session Topics:
  • The role of BESS in mitigating grid congestion challenges
  • The relationship between BESS owners and the grid operator
  • Profitability metrics for storage projects: how to reach a positive ROI & NPV

10:40

Morning Networking Break

On average, at Solarplaza Summit events an impressive 92% of attendees are able to make valuable business connections. Don’t miss out!

Session Topics:

Session 2

The Hungarian Utility-Scale Storage Market

11:30

Navigating the Hungarian 440 MW BESS Capacity Market Auctions introduced by the Hungarian Energy and Public Utility Regulatory Authority

presentation

20 min.

Dive into the forefront of Hungary's energy evolution as we unravel the latest support scheme for energy storage. The upcoming 440 MW tender will unlock new investment opportunities for investors & market players by supporting the Hungarian grid.  Uncover the strategic deployment of storage applications, the process of integrating batteries, key ROI metrics, and optimizing connection points for a comprehensive exploration of large-scale solar energy in Hungary.

Rosemary Colaert

Clean Horizon

Session Topics:

11:50

What assumptions, business models & revenue streams do international IPPs & Investors factor in their BESS assets?

panel

40 min.

Market leader Independent Power Producers (IPPS), utilities & investors are all placing high bets on the rapid adoption of storage technologies. BESS projects have gained momentum and a lot of key takeaways can be derived from foreign, mature markets where the penetration of storage is increasing massively. Gain crucial insights into expected business models, how foreign & mature market trends are expected to be adopted in Hungary, and how the RE industry will evolve to be even more resilient to increased market volatility.

moderator

Nicola Kopij Zanin

Solarplaza

Joshua Murphy

Econergy

István Pócs

EDP Renewables

Laszlo Modos

Renalfa

Jan Kłoczko

Greenvolt Power

Sándor Rácz

Uniper Renewables

Session Topics:

12:30

Lunch Networking Break

Our networking app makes it easy to schedule one-on-one meetings with any of the 250+ attendees and 20+ speakers!

Session Topics:

Session 3

Financing & Developing Utility-Scale Projects in Hungary

14:00

More Deals Being Signed: What Prospects Does the Hungarian PPA market Hold?

panel

40 min.

Hungary is finally seeing a ramp-up in power purchase agreements (PPAs) signed. This creates a market environment where hopefully more IPPs and investors will secure their revenues in the long term with corporate and utility off-takers.

Learn all about the best practices and offtake profiles regarding power purchase agreement drafting in this tailored session.

moderator

Nicola Kopij Zanin

Solarplaza

Balint Balazs

GoldenPeaks Trading

Robinson Alazraki

GreenYellow

Catalina Talero

LevelTen Energy

Session Topics:
  • Navigating contractual risks
  • Types of PPAs and Respective Risks & Advantages
  • Who will be the risk taker in capture rates?
  • How to negotiate and meet the off-taker's needs?
  • Tips when drafting and negotiating PPAs

14:40

Project financing prospects for utility-scale PV & BESS assets: are banks ready to take on more risk through storage projects?

panel

40 min.

Interest rates and financing costs remain high: IPPs and investors must ensure their business models are updated and remain competitive in order to reach positive NPV projects. This becomes even more challenging as storage revenue streams have to be modelled and integrated into financial models. It all starts with project financing, and during this panel discussion, the major lenders involved in project financing for utility-scale projects in Hungary will share their insights on hot wo maximize the chances structuring successful financing deals, and how they price in the risk for projects with cash flow exposure based on BESS.

moderator

Csaba Polgár

Pontes

Mihály Ország

K&H Bank

Sándor Végh

Erste Bank

Szabolcs Üveges

Unicredit

Tamás Mészáros

CIB Bank

Session Topics:
  • What makes a project attractive for private lenders
  • Challenges for financing merchant projects
  • Financing strategies from commercial banks to new up-and-coming investment funds
  • Overview of recent M&A transactions
  • How to effectively structure a joint venture or co-development agreement
  • Preferred business models for investors
  • Price expectations for greenfield and RtB projects

15:20

Afternoon Networking Break

Whether you're looking to connect with professionals from a specific sector or want to build relationships across the entire solar PV value chain, our event offers a unique chance to engage with experts from across the industry.

Session Topics:

Session 4

Innovations in Technology: Effective PV Solutions to Optimize your LCOE

16:00

Are you earning an adequate ROI on your projects? How to increase the financial performance of your PV & BESS assets

panel

40 min.

Optimizing utility-scale solar and storage assets involves enhancing the performance, efficiency, and financial returns of these systems through various strategies. Are you sure you are not missing out by adopting the latest technological applications?

Paul Moldovan

Parapet

Session Topics:
  • Upgrading existing assets to improve efficiency
  • Analyzing the choice of components aimed at increasing installed capacity and annual production
  • Overview and price comparison of the latest technologies on the market available for asset managers
  • The next step in operations digitalization
  • Business model optimization with module revamping and repowering
  • Managing underperformance in your solar asset

16:40

What's next? The Future Of Renewables in CEE & Hungary - an IPP perspective

presentation

30 min.

Join the final keynote of the day for an in-depth look at the future of renewables in Central and Eastern Europe by one of the key leaders, Photon Energy, with a special focus on Hungary. Discover the latest innovations, regulatory trends, and strategic opportunities that are set to shape the region’s energy landscape in the coming years.

Jozsef Mozes

Photon Energy

Session Topics:

17:10

Closing Remarks Solarplaza

presentation

5 min.

Anna Hryhoriak

Solarplaza

Session Topics:

17:15

Closing Networking Drinks

Session Topics:

Need any help?

We got you. Send out an email to our team and we are here to help.

Anna Hryhoriak
Project Manager

For practical questions regarding our activities:

[email protected]

Carmen Collantes de Terán
Business Developer

For practical questions regarding our activities:

[email protected]

Helen Tarlap
Project Coordinator

For practical questions regarding our activities:

[email protected]