MVM Group Advances with Over €5M Investment in Large Energy Storage in Hungary

Advancing its 2020 announcement, the MVM Group's industrial-scale battery construction project in Litér, western Hungary, near Veszprém, has moved forward with a public tender revealing an investment exceeding EUR 5 million to build a large energy storage facility connected to the Mavir substation via an 11/132-kV transformer and 132-kV cable, according to Világgazdaság.

Source: Hungary Today