Photon Energy to manage 101MW Hungarian PV

Facebook
Twitter
LinkedIn
Reddit
Email
In the same announcement, Photon Energy said it will also take over another EDPR asset “in the future”. Image: Photon Energy Group

Solar PV asset owner Photon Energy has signed an asset management contract for two Hungarian PV projects with a cumulative 101MWp of generation capacity.  

Photon signed the contract with EDP Renováveis (EDPR), the Portuguese energy utility and project developer. The company said it will “provide a full scope of asset management services, including the technical, commercial and financial management of the PV power plants to ensure optimal performance on behalf of EDPR.”

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

In the same announcement, Photon Energy said it will also take over another EDPR asset “in the future”, which is currently under construction.

Georg Hotar, CEO of Photon Energy Group said: “Our commitment is to ensure optimal performance and profitability for these assets while supporting EDPR in the transition of their additional projects under construction.”

Photon Energy’s operations are concentrated in Eastern and Southern Europe, with most of its portfolio in Romania, Hungary, the Czech Republic and Slovakia.

The broader Eastern European region has attracted increased interest from solar developers and investors over recent years.

Hungary has become one of the leading markets in the region; its large ground-mounted solar installations rose from 1.4GW in 2020 to 3.28GW in 2023.

However, SolarPower Europe predicts that the next few years will be more uncertain for Hungary’s PV market, driven by a lack of grid connection capacity and concerns over the government’s financing model for residential PV (premium access).

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
24 March 2026
Lisbon, Portugal
Returning for its 14th edition, Large Scale Solar Europe is the essential meeting point for solar leaders across Europe. The event brings together developers, IPPs, investors, and policymakers to address critical challenges and accelerate solar’s pivotal role in achieving Europe’s Net Zero by 2050 goals.

Read Next

October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.
October 8, 2025
US solar module prices jumped in Q3 2025 as developers scrambled to meet the 2 September 2025 safe harbour deadline for Investment Tax Credit (ITC) qualification, according to supply chain platform Anza.
Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.
October 8, 2025
Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.
October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK