GoldenPeaks Capital powers 92MW solar PV portfolio in Hungary

August 1, 2025
Facebook
Twitter
LinkedIn
Reddit
Email
The two new projects are located in northern Hungary. Image: GoldenPeaks Capital

Independent power producer GoldenPeaks Capital has reached commercial operations on a 92MW solar PV portfolio in Hungary.

Consisting of two PV projects – Zemplén Solar Park in Bodroghalom and Nyékládháza – they are both located in the northeastern part of the country, with the first one near the frontier with Slovakia.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

With an installed capacity of 64.56MWp, the solar park in Bodroghalom has been in full operation since March 2025 and was the company’s first operational renewable plant in Hungary, according to GoldenPeaks Capital. On top of delivering electricity to the market, the project also offers ancillary services by participating in the automatic Frequency Restoration Reserve (aFRR) segment.

A power purchase agreement was also secured with food packaging company Faerch group.

The execution timeline of the project spanned from spring 2024 to spring 2025, which includes permitting, engineering, construction, grid connection and energisation, according to the company. The project features bifacial modules and single-axis trackers to maximise daily irradiation capture.

The other project, located near Nyékládháza, has an installed capacity of 27.5MWp. With the energisation of Block 1, on top of delivering electricity to the grid, the project also contributes to grid stabilisation via the aFRR regulatory market.

Similar to the other project, bifacial modules and single-axis trackers were deployed to the Block 1 project, which was energised between early February and June 2025. Despite the tight construction window, the project encountered significant geotechnical challenges due to unstable subsoil layers and intermittent rainfall during late winter and early spring. According to the company, this required constant site adaptation.

GoldenPeaks’ local engineering, procurement, and construction (EPC) subsidiary, Spectrics, will be handling the operations and management (O&M) and asset management for both solar PV projects.

PV Tech publisher Solar Media will be organising the fifth edition of Large Scale Solar Central and Eastern Europe in Warsaw, Poland 25-26 November 2025. The event will focus on Central and Eastern Europe with a packed programme of panels abd presentations from industry leaders responsible for the buildout of solar and storage projects in Poland, Bulgaria, Romania, Hungary and the Baltics. For more information visit the event website

Read Next

November 28, 2025
Chinese module manufacturer Huasun Energy has launched a new heterojunction module with a 760 W output, a 2,000 V system voltage and 24.5% module efficiency.
November 27, 2025
Transelectrica has published new rules for the Romanian grid, setting out time frames for auctions involving new energy generation projects.
November 26, 2025
India has added 11GW of solar PV capacity during the third quarter of 2025, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).
November 24, 2025
Hydro Tasmania is seeking expressions of interest for wind and solar projects capable of delivering up to 1,500GWh of renewables annually.
Premium
November 24, 2025
PV Talk: RES Group's Ksenia Dray discusses how European solar developers are reshaping strategies to maintain project viability in challenging market conditions.
November 20, 2025
Australia achieved a record-breaking 5.3GW of solar PV installations in 2024, marking a recovery for the market while highlighting the nation's unique position as a rooftop-dominated solar economy.

Upcoming Events

Upcoming Webinars
December 17, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA