Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...

Albania: Electricity production falls...

According to data from the Albanian Institute of Statistics (INSTAT), electricity production in...

Romania: Energy Vault partners...

Swiss energy storage company Energy Vault has signed an agreement to provide up...
Supported byClarion Energy
HomeUncategorizedHungary: GodenPeaks signed...

Hungary: GodenPeaks signed a 12-year PPA with Faaerch

Green energy company GoldenPeaks Capital has signed a power purchase agreement (PPA) in Hungary with Danish food packaging company Faerch Group. Under the 12-year physical pay-as-produced PPA, the offtaker is expected to receive 15 GWh a year, or around 180 GWh over the duration of the contract.

This is one of the first PPAs in Hungary and it was supported by PPA marketplace operator LevelTen Energy and next-generation electricity supplier Reel. The latter said in a LinkedIn post that the contract will ensure the construction of a new solar park to match Faerch’s energy consumption.

Faerch Group CFO Tom Sand-Kristensen said the PPA will provide reliable, cost-effective renewable energy directly to Faerch sites in Hungary. it is another significant milestone in company’s Renewable Energy Strategy that seeks to close all its sites with additional renewable energy via PPAs.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: End of price caps and VAT hike drive sharp rise in electricity bills

Electricity bills for July and part of August 2025 in Romania are significantly higher than in previous months, driven by multiple factors. A heatwave increased consumption as air conditioners and cooling devices were used extensively. At the same time,...

Bosnia and Herzegovina sees mixed energy output trends in June 2025

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity production in June 2025 totaled 1,000 GWh, compared to 1,028 GWh in the same month last year. Hydropower plants accounted for 26.4 percent of total gross...

Albania: Electricity production falls in Q2 2025, imports rise

According to data from the Albanian Institute of Statistics (INSTAT), electricity production in the second quarter of 2025 reached 1,757 GWh, representing a 4.6 percent decrease compared to the same period last year, when it stood at 1,841 GWh. Electricity...
Supported byVirtu Energy
error: Content is protected !!