MOL Group doubles renewable energies

This company built the Ballószög solar park on an area of around 100 hectares, consisting of 113,000 solar modules. The mineral oil company MOL has thus doubled its production capacity for renewable energies by 66 megawatts (MW).

Trial operation of the solar park is expected to begin in January 2025. The electricity generated will be sold via Alteo Energiaszolgáltató Nyrt.

The MOL Group previously had six solar parks in Hungary with a total capacity of 31.5 MW and 13.6 MW of solar capacity in Croatia. In line with its strategy, the company is working on further solar investments in both countries with the aim of increasing its group-wide generation capacity from renewable energies to around 200 MW by 2026.

Also as part of the MOL Group’s sustainability strategy, trial production began in autumn at the largest green hydrogen plant in Central and Eastern Europe, which has a capacity of 10 MW and was inaugurated in Százhalombatta in April this year. The plant will produce 1,600 tonnes of clean, CO2-neutral hydrogen per year for use in fuel production. The company plans to build such plants in Rijeka and Bratislava after Százhalombatta.