Solar Energy

BMW Breaks Ground on Hungary’s Largest Industrial Solar Power Plant in Debrecen

BMW has commenced the construction of its largest solar power plant within the BMW Group, located in Debrecen, Hungary. The groundbreaking ceremony, attended by Minister of Foreign Affairs and Trade Péter Szijjártó, marks another milestone in Hungary’s rise as a global leader in the green economy. According to Szijjártó, Hungary’s position is underpinned by the electrification of transport and the decarbonization of energy production, making the country a global standard-setter in these sectors.

The new solar park, spanning the size of 71 football fields, will serve over a quarter of the energy needs of BMW Manufacturing Hungary Kft., significantly integrating solar energy into BMW’s production processes. The facility will also be Hungary’s largest industrial solar power plant, underscoring the nation’s commitment to green energy.

Szijjártó highlighted Hungary’s success in the automotive industry, noting that it is home to Europe’s top electric motor and car manufacturers, as well as some of the world’s largest electric battery producers. Last year, the country’s automotive production surpassed 13,000 billion forints, ranking Hungary among the world’s top 20 automotive exporters for the sixth consecutive year.

Source: autopro.hu

Ukraine's Largest Foreign Investment in Lviv: €75M Wind Farm Begins Operations

The Lviv region’s largest foreign investment during the full-scale war, a €75 million wind farm, has commenced operations. The project was a joint effort, with the Czech company MND and Ukraine’s Eco-Optima each contributing 50%. The wind farm, featuring 10 turbines, transmits electricity via a 14-kilometre line to

Greenyard Logistics Polska to Install 2 MWp Solar System at Żabia Wola Facility Using PV-as-a-Service Model

Greenyard Logistics Polska, part of the international Greenyard group, is set to install a photovoltaic (PV) system at its logistics center in Żabia Wola, near Warsaw, as part of its sustainability efforts. The company specializes in food logistics, supplying fresh and processed produce to major European retailers, with an annual

Citadele Bank Grants €12.99 Million Financing for Solar Park Construction in Latvia

Citadele Bank has provided financing of €12,998,700 for the construction of solar energy parks in Latvia. The project is led by Estonian renewable energy producer SIA “Evecon,” in partnership with Swedish investment fund “Niam Infra.” The initiative will establish 11 solar parks with a total capacity of 110

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