RTB Solar PV Valuation Trends in Hungary
11 Jan 2025
RTB Solar PV Valuation Trends in Hungary: H1 2024 Insights
Hungary's solar PV market has shown remarkable resilience and growth in the first half of 2024, with Ready-to-Build (RTB) project valuations reflecting strong investor confidence. Based on exclusive data from PF Nexus, the leading renewable energy asset marketplace, we present a comprehensive analysis of RTB solar PV valuations in Hungary for H1 2024.
Key Valuation Insights
In the first half of 2024, RTB solar PV projects in Hungary commanded impressive valuations:
- Buy-side valuations ranged from €130,000 to €155,000 per MWp, with an average of €142,500 per MWp.
- Sell-side valuations were higher, spanning from €155,000 to €180,000 per MWp, averaging €167,500 per MWp.
The gap between sell-side and buy-side average valuations stood at 17.54%, indicating a relatively aligned market expectation between buyers and sellers.
Regional Context
Hungary's solar PV market stands out within the CEFTA and Eastern Europe region:
- Hungary boasts the highest average buy-side valuation (€142,500/MWp) among countries in the region, including Romania, Poland, Bulgaria and Bosnia & Herzegovina.
- The country's sell-side valuations are second only to Poland in the region, demonstrating strong market positioning.
For a broader perspective on regional trends, refer to our comprehensive analysis of RTB Solar PV Valuations in CEFTA & Eastern Europe in 2024.
Understanding RTB Projects
Ready-to-Build (RTB) refers to solar PV projects that have secured all necessary permits and are prepared for immediate construction. This stage is crucial in the asset development lifecycle, representing a significant milestone where projects transition from development to construction phases.
Data Methodology
These valuation insights are derived from real-world transaction data and market activity observed on the PF Nexus platform. Our unique position as a global renewable energy asset marketplace allows us to aggregate and analyze data from a vast network of buyers, sellers, and advisors active in the Hungarian solar PV market.
Market Implications
The robust valuations in Hungary's RTB solar PV market suggest:
Strong investor appetite for Hungarian solar assets
A maturing market with aligned expectations between buyers and sellers
Potential for continued growth in the Hungarian solar sector
Accessing Up-to-Date Insights
While these H1 2024 insights provide valuable market intelligence, it's important to note that asset valuations can fluctuate rapidly due to market dynamics. For access to live deal flow and the latest semi-annual valuation data, analysis, and trends, consider subscribing to our premium tiers.
About PF Nexus
PF Nexus is the world's leading renewable energy asset marketplace, connecting investors and buyers with developers and sellers of renewable energy projects globally. Our network encompasses over 7,000 developers, investors, and advisors, covering a wide range of clean energy technologies including solar, wind, BESS, hybrid projects, hydro, and hydrogen.
By subscribing to PF Nexus, you gain access to:
- Live deal flow from the largest specialist network of renewable energy dealmakers
- Semi-annual comprehensive asset valuation reports
- Detailed market insights and trends across various renewable technologies and geographies
For a global perspective on renewable energy asset valuations, explore our Global Renewable Energy Asset Valuations 2024 Analysis and Trends.
To stay ahead in the dynamic renewable energy market and access the latest valuation data, subscribe to PF Nexus today.