As a new world takes shape in the field of energy, progressive energy companies are working to replace fossil-based energy sources with renewable alternatives. Ensuring a smooth transition to renewable energy presents many challenges to innovators, including MET Group, which is the first company in Hungary to install a Tesla Megapack energy storage system on site at the Dunamenti Power Plant.
MET Group is growing its European renewables portfolio by expanding into the Polish market. The Swiss-based energy company acquired a 100% stake in a greenfield solar power project in Poland, with an expected installed capacity of 60 MWp.
HH2E AG and the Swiss MET Group have announced a partnership to develop one of the largest green hydrogen production plants in Europe to date in Lubmin/Mecklenburg-Vorpommern on the German Baltic coast.
MET Group’s Hungarian Solar Park corporate bond, issued in December 2021, has received a green rating from Sustainalytics. The certification was contingent upon meeting the United Nations' sustainability objectives.
MET Group is growing its European renewables portfolio by expanding into the Italian and Spanish markets. The Swiss-based energy company acquired a 100% stake in five greenfield solar power projects in Italy with an expected installed capacity of 213 MWp, and a ready-to-build solar power project in Spain with an expected installed capacity of 50 MWp – increasing its total portfolio to 714 MWp.
MET Group, an integrated European energy company, is pleased to announce the extension of both its Short Term and Medium Term Revolving Credit Facilities (RCFs), covering the general working capital and corporate requirements of the company.