MET Inaugurates 1st Tesla MegaPack in Hungary

Photo by Roschetzky Photography / Shutterstock.com
MET Group, an energy company based in Switzerland with Hungarian roots, inaugurated Hungary's first Tesla Megapack at the Dunamenti Power Plant south of the capital on Friday, according to a report by state news wire MTI.
The three Tesla MegaPack lithium-ion batteries have a capacity of 7.68 MWh and can be used to maintain power grid balance, ensuring security of supply to consumers during peak consumption. The system will be capable of storing energy for two hours.
MET VP Balázs Gábor LehÅ‘cz said the company - which has built, operates, and is developing wind and solar parks in Hungary, Bulgaria, Spain, Italy, and Poland - is "fully committed" to supporting the energy transition.
In a speech delivered at the inauguration, Technology and Industry Minister László Palkovics noted that the state had supported the more than HUF 1 billion investment.
Dunamenti Power Plant CEO Péter Horváth pointed out plans to install additional electricity storage capacities in the coming years.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.