First solar energy community established in Hungary

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The local council of Keszthely and MVM Optimum, a unit of state-owned energy group MVM, have set up Hungary’s first solar energy community with the participation of local homeowners and businesses , according to a report by state news wire MTI.

A contract on building a more than HUF 400 million solar park and battery storage facility was signed on Tuesday.

Mayor Bálint Nagy said households and companies joined the pilot project who couldn’t independently install solar panels.

MVM Optimum smart city and energy community director Krisztián Huber said the company is contributing HUF 168 million to the project, while the Innovation and Technology Ministry is providing HUF 235 mln in support.

The solar energy community comprises 20 retail consumers, five small businesses and some local council institutions.

 

Source: Budapest Business Journal

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