GoldenPeaks Capital powers 92MW solar PV portfolio in Hungary

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

May 21, 2026
A panel at the Renewable Procurement and Revenue Summit in London discussed the benefits of the procurement structure.
May 21, 2026
Panellists addressed the challenges associated with signing a PPA, given the differences in priorities between the parties involved.
May 21, 2026
New South Wales (NSW), Australia, has launched what it has described as its “biggest renewable energy tender in the state’s history”, seeking 2.5GW of renewable energy generation.
May 20, 2026
The California Independent System Operator (CAISO) Board of Governors has approved the ISO’s 2025-2026 transmission plan, which accommodates 45 GW of new solar PV.
May 20, 2026
Price is the main barrier to PPAs being transacted in the UK market today, a panel at the Renewable Procurement and Revenue Summit said.
May 18, 2026
Naqaa Sustainable Energy has signed a power purchase agreement (PPA) for a 2.7GW hybrid renewable energy project in Mahout and Duqm, Oman.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA