Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsHungary: MET Group...

Hungary: MET Group commissions second solar power plant, expanding green energy capacity

MET Group has commissioned its second solar power plant in Hungary, located in Kaba in the eastern part of the country. The new MET Kaba II Solar Park spans 31 hectares and features over 33,000 solar panels. This 23.4 MW project was developed internally as a greenfield initiative following the success of the first Kaba solar power plant, which was commissioned in 2021.

Clive Turton, Executive Chairman of MET Group’s Green Assets Division, highlighted the significant growth of solar energy in Hungary in recent years, noting that solar power accounted for approximately 19.5% of the country’s total electricity generation in 2023 and around 33% of the current energy mix. He emphasized that solar power, being low-cost, abundant, and 100% sustainable, will play a crucial role in the energy transition both in Europe and globally.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!