MET Group inaugurates Hungary’s biggest battery energy storage system, MOL to build solar park

Met Duna Energiatároló, a unit of the MET Group, an energy company based in Switzerland with Hungarian roots, has inaugurated a 40 MW / 80 MWh battery storage at the Dunamenti Power Plant in Százhalombatta (South of Budapest). Operation has started at the storage system.

The investment is supported with over HUF 4bn from the European Union’s Recovery and Resilience Facility (RRF). Huawei Technologies is manufacturing the battery storage units and the general contractor for the project is Forest-Vill. The transformer was made by Ganz. The MET Group had consolidated revenue of EUR 17.9bn last year.

MOL to build solar park, battery energy storage system in South Hungary

Hungarian oil and gas company MOL has started the construction of a 20 MW / 40 MWh energy storage in Algyő (South Hungary). The battery energy storage project will receive a HUF 2.7bn grant from the European Union’s Recovery and Resilience Facility (RRF) and HUF 5.6bn in investment incentive funds from the Ministry of Foreign Affairs and Trade, Peter Archibald Schubert, managing director of Mol Exploration and Production Hungary said.

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