September 27 (Renewables Now) - The Hungarian unit of Shanghai-based Unisun Energy Group has obtained a non-recourse loan from local lender Granit Bank Zrt for a 6.76-MW solar photovoltaic (PV) project in Hungary.
The project is backed with a licence from the Hungarian government under the local KAT scheme, the parent company said Thursday. No other details were provided.
After its connection to the grid, the solar park is expected to produce around 8.6 GWh of power annually.
Unisun Energy said it plans to develop 1 GW of PV projects across Europe in the next three years.