GoldenPeaks Launches 64.6-MW Solar Park in Hungary

• GoldenPeaks Capital debuts in Hungary with a 64.6-MW solar park, fueling the nation's renewable energy growth and paving the way for future green investments.

GoldenPeaks Capital Holding Ltd has launched a 64.6-MW photovoltaic park in Hungary, marking the company's first operational solar project in the country. This development is part of GoldenPeaks' broader strategy to expand its renewable energy footprint in Hungary.

The solar park's commissioning is a significant step in Hungary's renewable energy sector, contributing to the nation's efforts to increase its sustainable energy sources. GoldenPeaks plans to continue its investment in the region with several more projects in the pipeline, aiming to bolster Hungary's transition to cleaner energy solutions.

How does GoldenPeaks' new solar park impact Hungary's renewable energy landscape?

• Enhances Hungary's renewable energy capacity, contributing to national targets for reducing carbon emissions.
• Supports Hungary's commitment to the European Union's renewable energy goals, helping the country meet its obligations.
• Provides a model for future renewable energy investments in Hungary, potentially attracting more international investors.
• Creates local jobs during the construction and operational phases, boosting the local economy.
• Reduces Hungary's reliance on fossil fuels, increasing energy security and stability.
• Encourages technological innovation and infrastructure development in the renewable energy sector.
• Contributes to the diversification of Hungary's energy mix, reducing vulnerability to energy price fluctuations.
• Promotes environmental sustainability by decreasing the overall carbon footprint of Hungary's energy production.