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batterystorage

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MVM Inaugurates 31MW/62MWh Battery Storage Investment

D&T
Jun 27, 2026

MVM Tisza Erőmű, a unit of state-owned energy company MVM Group, inaugurated a 31MW/62MWh battery storage investment in Tiszaújváros (E Hungary), MTI reports. The investment was supported by HUF 4 billion in grant money from the European Union. MVM CEO Károly Mátrai said the investment is part of MVM's long-term development strategy, which aims to […]

EBRD to Finance Renewable Energy Project in Hungary

D&T
Apr 20, 2026

The European Bank for Reconstruction and Development (EBRD) is providing EUR 70 million of financing as part of a EUR 210 million package with commercial banks to special purpose vehicles owned by Renalfa IPP for the development of a 450 MW solar park with a 250 MW /1 GWh battery energy storage system in Szihalom, […]

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