Business 30 June 2022, 4:10pm

Solar park to be built near Debrecen airport

Portfolio

Hungary's state-owned MVM Group is increasing its portfolio of power plants using renewable energy sources. Its renewable energy subsidiary MVM Green Generation Ltd. is building a 28.8 megawatt photovoltaic power plant (solar park) in Debrecen, the city and the company's management announced on Thursday after laying the foundation stone of the investment in the southern industrial zone near the local airport.

napelem-napelempark-napenergia-megujulo-energia

The local municipality has allocated 52 hectares (128.5 acres) of land for the construction of the solar park in its largest industrial park covering 710 hectares (1,755 acres).

Since 2015, the area of industrial parks in the city has increased tenfold, and now covers more than 1,500 hectares. Due to the extreme energy demands of many investors, power generation in the area is continuous.

Debrecen is also doing a lot for sustainability: since 2014, 29 investments have been made in energy modernisation worth HUF 7.3 billion, said mayor László Papp.

Csaba Kiss, Deputy Chief Production Officer of the MVM Group, said that the HUF 11.5 billion investment gained HUF 4.3 billion funding from the European Union through a tender of the Environmental and Energy Efficiency Operational Programme (EEEOP).

The small-scale photovoltaic power plant in Debrecen will be able to generate enough electricity to cover the annual electricity needs of nearly 15,000 households. As a result of the investment, greenhouse gas emissions will be reduced by about 33,000 tonnes per year, the CEO added.

Csaba Kiss said that 53,000 solar panels will be installed in the solar park being built on the southern side of Debrecen airport, which will start producing energy in October 2022.