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Enlight Announces the Commencement of Commercial Operations at the Tapolca Solar Project in Hungary [Yahoo! Finance]

Enlight Renewable Energy Ltd. (ENLT) 
Company Research Source: Yahoo! Finance
Tapolca is Enlight's fifth project in Hungary, bringing the Company to a total of 144 MW of operating generation capacity in the country TEL AVIV, Israel, Aug. 18, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the commencement of operations at the Tapolca solar project (“the Project”) in Hungary, which has a production capacity of 60 megawatts. The project began commercial sales of electricity on July 31, 2024, ahead of the Company's original schedule. This is Enlight's fifth project in Hungary, bringing the Company's total generating capacity in the country to 144 MW. Tapolca will sell electricity at merchant prices, and it is expected to provide green power equal to the total annual consumption of approximately 30,000 Hungarian households. The Project's total construction cost amounted to $48 million. Revenues in its first full year of operation are expected to be appro Show less Read more
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