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IPP MET Group has put a 40M/80MWh BESS in Hungary into commercial operation, deployed using technology from Huawei. Source : Energy-Storage.News Read More
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Closing the session, panelists agreed that Asian foreign direct investment will remain a cornerstone of Hungary''s industrial future,
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MET Group has put a 40M/80MWh BESS in Hungary into commercial operation, deployed using technology from Huawei.
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Image: MET Group. IPP MET Group has put a 40M/80MWh BESS in Hungary into commercial operation, deployed using technology from Huawei. The 2-hour battery energy storage system (BESS) is the largest in Hungary, Switzerland-headquartered MET Group said, deployed at its Dunamenti thermal power plant in Százhalombatta, near Budapest.
Currently, Hungary’s entire energy storage capacity stands at 30 MW. The new storage battery is set to be operational by 2025, making it easier and more cost-effective to store renewable energy. This development is expected to enable the green energy sector to make a greater contribution to Hungary’s energy mix.
The company already deployed a 4MW/8MWh BESS there using Tesla Megapacks in 2022, but for the larger project opted to use China-based electronics giant Huawei. Although not the most regular figure in BESS news, Huawei does have a major presence in the industry.
The contract was signed in February, with MAVIR Ltd. as the investor. According to portfolio.hu, the project is estimated to cost HUF 8.5 billion (EUR 21 million), with a capacity of 60 MWh. Currently, Hungary’s entire energy storage capacity stands at 30 MW.