Paks Solar PV Park is a 20.6MW solar PV power project. It is located in Tolna, Hungary. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in March 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 20.6 | 20.6 | – | Active | Tolna, Hungary | Mvm Group |
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Description
The project is developed and owned by Mvm Group.
Paks Solar PV Park is a ground-mounted solar project which is spread over an area of 51 hectares.
The project generates 22.2GWh electricity and supplies enough clean energy to power 8,500 households, offsetting 22,000t of carbon dioxide emissions (CO2) a year. The project cost is $35.158m.
The project consists of 74,000 modules.
Development Status
The project got commissioned in March 2019.
Contractors Involved
Solarpro Holding was selected to render EPC services for the solar PV power project.
About Mvm Group
Mvm Group (Mvm) is an alternative energy company. The company’s business activities include electricity trading, power generation, transmission system operation, and gas trader and storage. Its electricity trading business offers wholesale trading of electricity in the retail markets across Hungary. Mvm’s power generation business owns and operates the Paks Nuclear Power Plant, which generates electricity from nuclear energy and supplies across Hungarian market. The company’s transmission system operation system business manages and operates high-voltage transmission grid. Its gas trading and storage business offers gas distribution and storage services. The company also provides telecommunication services. Mvm is headquartered in Budapest, Hungary.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
