SolServices Kft. and Huawei Technologies Hungary are developing one of the region’s largest battery energy storage systems (BESS), with a power capacity of 150 megawatts (MW) and a storage capacity of 300 megawatt-hours (MWh). The companies announced at a press conference in Budapest on Wednesday that construction of the full portfolio is expected to be completed in the first quarter of 2027.
Representatives of the companies signed an agreement on Wednesday to implement the energy storage project at Huawei’s annual renewable energy conference, the Digital Power Summit 2026.
Róbert Szabó, director of the Digital Power business at Huawei Technologies Hungary, emphasized that
commissioning the 150 MW/300 MWh energy storage facility planned for early 2027 will make state-of-the-art smart technology an integral part of Hungary’s energy system.
The system will provide the grid with the flexibility that is essential for the continued expansion of renewable energy sources. He added that hybridization is a key strategic priority for both companies: coordinated operation of different generation and storage technologies enables more efficient use of the grid and greater system-wide flexibility.
The total cost of implementing the project is approximately €50 million, and the entire investment will be financed on a commercial basis, Gábor Juhász-Farkas, managing director of SolServices Kft., told MTI. Citing data from holadelej.hu, he said that during the summer, on one of the most critical days of the energy crisis, solar generation accounted for 85% of the country’s electricity consumption.
At the same time, this has created new challenges: the most important questions now are when energy is generated, when it is used, and how the entire energy system can be made more resilient and flexible.
He stressed that hybridization provides the best answer to these challenges. Grid capacity is currently one of the scarcest resources in Hungary’s electricity system, Juhász-Farkas noted. When a solar power plant’s connection point is considered on an annual average, it is utilized only 16% of the time, leaving 84% of the infrastructure unused. As an example of hybridization, he noted that combining solar and wind power with battery energy storage can increase grid utilization to more than 40%.
Juhász-Farkas explained that the companies are working together to develop an integrated energy platform in which solar power, energy storage, wind power, and geothermal energy do not operate in isolation, but instead complement and reinforce one another as part of an interconnected system. He said that the project’s commercial financing demonstrates that
storage is no longer a technology of the future, but a commercially viable solution that can be built on a market basis.”
He said the scale of the cooperation can be illustrated by the fact that a fully charged energy storage system would be capable of compensating for the loss of peak-generation output from an entire unit of the Paks nuclear power plant for more than half an hour. If this storage capacity had entered the market with its surplus supply, it would have had the effect of reducing prices by 40%, he indicated.
SolServices operates solar power facilities with a combined capacity of approximately 380 MW across Hungary, making it the country’s third-largest operating investment of this type.
Under the new agreement, the company will build energy storage capacity alongside its existing solar parks.
The first storage units have already been commissioned in Mezőtúr and Mezőberény, and commercial operation of the full storage portfolio is expected to begin in the first quarter of 2027, he said.
Huawei Technologies, the largest Chinese privately owned company, operates in more than 170 countries, and its products and services are used by nearly one-third of the world’s population. All five of Huawei’s business groups—telecommunications, enterprise, cloud, digital power, and consumer—generated more than $120 billion in revenue globally last year. SolServices Kft. is one of Hungary’s leading renewable energy companies. Since 2017, the company has participated in the development of more than 1 gigawatt of large-scale solar power generation capacity.
Via MTI, Featured image: Pexels
The post Huawei and SolServices Launch €50 Million Energy Storage Project appeared first on Hungary Today.
Huawei and SolServices Launch €50 Million Energy Storage Project 2026
IUSTITIA.BG – Investigations 2009-2026 2026-10-01 08:44:55
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