Contemporary Amperex Technology Co., Limited (CATL) is investing EUR7.34 billion (US$7.53 billion) to build a 100 GWh battery production plant located in Debrecen in eastern Hungary.
The project will be constructed on about 221 ha of land area in the Southern Industrial Park of Debrecen. It will be in close proximity to some auto plants of CATL's customers such as Mercedes-Benz, BMW, Stellantis, and Volkswagen.
CATL is planning to use electricity from renewable energies for the operation of its battery manufacturing plant. To build a sustainable and circular battery value chain, the company is also examining the possibility of joining forces with local partners to establish facilities for battery materials in Europe.
Country updates
-
-
December 22, 2021
EDPR secures CfD contract for 25 MW solar PV project in Hungary
EDP Renewables has been awarded a 25 MW for its Nyirseg solar photovoltaic (PV) project in Hungary. The company has secured a Contract-for-Difference (CfD) for the project, which means that the PV pl...
Read more -
October 12, 2020
Photon Energy completes two out of ten solar farms in Puspokladany
Photon Energy N.V., through its unit, Photon Energy Solutions HU Kft., the Group's Hungarian subsidiary dedicated to engineering, procurement, and construction (EPC) services, has completed and grid-c...
Read more -
April 13, 2020
ReneSola Power closes sale of 15 MW portfolio in Hungary to Obton
Renesola announced the closing of the sale of a 15 MW portfolio of solar projects located in Hungary to Obton, a leading international solar investment company headquartered in Aar...
Read more -
January 13, 2020
ReneSola signs agreement for the sale of 15 MW solar portfolio with Obton
ReneSola Ltd has entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company. This deal builds upon the earlier sale of...
Read more -
November 11, 2019
Photon Energy completes construction 4.9 MWp solar project in ertőd and Kunszentmárton
Photon Energy N.V., through its subsidiary Photon Energy Solutions HU Kft has completed and grid-connected seven photovoltaic power plants with a total installed capacity of 4.9 MWpin the municip...
Read more
