MVM Renewables Unit Inaugurates HUF 9.5 bln Solar Park

Green Energy

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MVM Zöld Generáció, the renewables unit of state-owned energy company MVM, inaugurated a HUF 9.5 billion solar park in Szeged on Wednesday, according to a report by state news wire MTI.

The park has a peak capacity of 24 MW.

MVM Zöld Generáció won HUF 3.6 bln in European Union and state support for the solar, park, said project director Péter Bilinszky. 

MVM Zöld Generáció operates over 150 solar parks in Hungary and is building a further 33, MVM deputy CEO Csaba Kiss said.

The event was also attended by government spokesperson Alexandra Szentkirályi, who said electricity generation from solar energy increased by 840 MW in January-May this year.

The combined capacity of solar parks over 50 MW exceeded 3,000 MW by the summer and the number of household-size solar systems exceeded 200,000 in the spring, she said.

The total peak capacity of 6,000 MW projected for 2030 could be available from renewable sources as early as next year, she added. 

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