Battery sharing work at Budapest solar container communication stations

4 FAQs about Battery sharing work at Budapest solar container communication stations

Who makes battery storage units?

Huawei Technologies is manufacturing the battery storage units and the general contractor for the project is Forest-Vill. The transformer was made by Ganz. The MET Group had consolidated revenue of EUR 17.9bn last year. Hungarian oil and gas company MOL has started the construction of a 20 MW / 40 MWh energy storage in Algyő (South Hungary).

How much money will the battery energy storage project receive?

The battery energy storage project will receive a HUF 2.7bn grant from the European Union's Recovery and Resilience Facility (RRF) and HUF 5.6bn in investment incentive funds from the Ministry of Foreign Affairs and Trade, Peter Archibald Schubert, managing director of Mol Exploration and Production Hungary said.

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