CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Business

Photon Energy to manage Greenvolt's solar assets in Hungary

Green Forum

12 March, 2025 at 8:42 PM

Photon Energy N.V. has signed a contract with Greenvolt Power, a leading international wind, solar and energy storage developer, and part of Greenvolt Group, to provide asset management for the Client's Királyegyháza solar PV power plant.

Covering 75 hectares, the facility is distributed across three municipalities (Királyegyháza, Szentlőrinc and Kacsóta) in the Szentlőrinc district of southern Hungary and has a combined installed capacity of 57 MWp.

The Company will provide full asset management services to the Client, including contract management, owner representation, reporting, project management and technical management.

Photon Energy's Operations & Maintenance division now has a total of over 1.1 GWp of installed PV capacity under O&M and asset management contracts in its key CEE markets and Australia, with several additional contracts under negotiation and expected to be concluded by the end of the year.

In Hungary, the Company currently has installed solar PV assets with a total capacity of 400 MWp under O&M and asset management contracts.

Ganz launches solar and storage system in Hungary

Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has completed the construction of a solar power plant and a hybrid energy storage system at its production site in Tápiószele, Hungary.

Energy

Hungary hits solar power record

Hungary's solar energy production soared to unprecedented level setting a new national record and underscoring the country's accelerating transition toward renewable energy sources.

Energy

Photon Energy adds three solar plants in Hungary

Photon Energy has expanded its solar portfolio in Hungary by commissioning three new solar parks operating under a merchant model.

Industry

Photon Energy secures 101 MWp asset deal in Hungary

Photon Energy N.V. announced that its Hungarian subsidiary Photon Energy Operations HU Kft has signed an asset management agreement for two PV power plants.

Industry

Hungary leads Europe in solar energy with 25% share

Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.

Energy

Axpo sign its first electricity purchase agreements in Hungary

Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).

Business

MOL doubles solar capacity with 66 MW acquisition

MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.