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The bankability gap in...

The transformation of Southeast Europe into a credible wind-investment region has been rapid,...

Regional gas geopolitics: Hungary,...

The transformation of Europe’s gas landscape is redrawing the political and commercial map...

LNG in the Balkans:...

The rise of liquefied natural gas from a niche commodity to the dominant...

Montenegro as a wind...

Montenegro is not the largest renewable market in Southeast Europe. It does not...
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HomeSEE Energy NewsHungary, MVM announced...

Hungary, MVM announced the launch of 28.8 MW solar power plant project

The renewable energy subsidiary of Hungarian state-owned energy company MVM announced the launch of 28.8 MW solar power plant project in the southern industrial park of Debrecen, worth some 29 million euros.

MVM Deputy CEO Csaba Kiss said that the project is supported by a 10.8 million euros EU grant. Debrecen Mayor Laszlo Papp noted that the municipality provided a 52 hectares area for the future power plant within the 710 hectares industrial park.

The solar power plant will generate enough electricity to cover the demand of close to 15,000 homes. It will start operating in October 2022.

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