1. Brief presentation of the organisation implementing the project, previous developments of the project owner MVM Hungarowind Kft. (the 100 % state-owned MVM Zrt. From October 2015 until March 2016, the Pécs Heat Plant had invested in the construction of a photovoltaic power plant with a capacity of 10 MWp in the former, abandoned and fully recultivated tailpit. The Company therefore has sufficient experience to carry out the photovoltaic plant investment according to the present feasibility study. The project management tasks arising in connection with the investment are performed by internal experts (the narrowest internal project management team is made up of the project manager, the deputy project manager and the professional manager), their work is also supported by internally involved administrative staff and by an external project management expert company. The internal project management organisation ensures continuous communication between the investor, the contractor, the technical inspector and other experts, the external expert company is responsible for liaising with the Managing Authority, as well as preparing reports, reports and accounts related to KEHOP support. 2. Description of the initial situation, identification of the project location(s) The project is carried out in several locations, the planned installation areas of the photovoltaic power plants are located in the territory of selected municipalities belonging to the distribution licensee E.ON North Transdanubia Power Network Closedkörűen Működő Zrt. The properties concerned are typically owned by the respective municipalities. MVM Hungarowind Kft. leases the properties necessary for the implementation of the project from the owners. There is currently no economic activity in the areas, including energy production. 3. The planned solar power plants can reduce the CO2 emissions of Hungarian electricity production, thereby contributing significantly to the achievement of the objectives set out in the National Energy Strategy and the KEHOP — increasing the share of decentralised, environmentally friendly renewable energy sources in electricity production, reducing greenhouse gas emissions — and contributing significantly to the achievement of climate protection objectives. The primary objective of KEHOP is to reduce greenhouse gas emissions and the planned photovoltaic investment is fully consistent with this objective. The project results in an average of 47 688,51 GJ/year of energy from renewable sources and an average reduction in greenhouse gases of 12 923.59 tCO2/year. 4. Description of the project’s characteristic data a. Project title: Installation of photovoltaic power plants in NDÁSZ b. Total net cost (Total investment costs): HUF 5 943 974 400 Project net eligible costs: 5 559 816 986 HUF d. amount of aid requested: HUF 2 100 004 033 e. Rate of aid requested: 37.77 % f. Average annual reduction of greenhouse gases (tonnes of CO2 equivalent/year): 12 923.59 g Average of energy from renewable sources (GJ/year): 47 688,51 h Installed capacity for renewable energy generation (MWp): 12,3833 o Nominative capacity (MW) of electricity generation system: 10,479 o Related heat production system rated thermal output (MWt): 0 i. Total net cost of annual greenhouse gas reductions (HUF 000/tonne CO2 equivalent/year): 459,932 j. Financial rate of return on the investment claimed (BMR): 2.21 % 5. According to the technical content of the planned development, the construction of a 589,68 kWp installed photovoltaic (PV) power plant with a nominal capacity of 499 kW (the planned power plants and the project — a total nominal capacity of 10.479 MW — corresponds to the Call and point 3.4.1.1 “b” of the Call, because its capacity is between 8 and 20 MW). The photovoltaic power plant uses solar energy to generate electricity, which is fed into the national public network. The solar photovoltaic power plant consists of one field and each field has its own medium voltage/0.4 transformer through which it is connected to the public network. Solar panels with a capacity of 270 Wp each, placed in the south direction at an angle of 35° on a steel support, generate direct current electricity under the influence of solar radiation or scattered light. The electricity generated by each panel is summed up by serial-parallel switching. First, a limited number of solar panels are connected with DC cables, these so-called strings. The individual strings are directly connected to the string inverters placed on the steel support structure, which are