GoldenPeaks Capital starts production at its newest solar power plant near Bodroghalom, Hungary

Budapest, March 26^th, 2025 - GoldenPeaks Capital, one of the biggest investors in solar energy in Eastern Europe, has commissioned and started production at its newest solar power plant near Bodroghalom, Hungary, through its local branch Spectris. This landmark project, with an installed capacity of 64.56 MW, will deliver an impressive 94.6 GWh/year of clean energy.

GoldenPeaks Capital's latest solar power plant has the capacity to supply renewable electricity to over 30,000 people annually while offsetting approximately 863,394 tons of CO₂ emissions over its estimated lifetime—equivalent to the carbon absorption of more than one million trees.

This photovoltaic plant marks the first commissioned plant of several projects in Hungary, as GoldenPeaks Capital remains dedicated to driving decarbonization efforts in the energy sector. Nearly a year after signing its first Power Purchase Agreement (PPA) in Hungary, the company remains committed to advancing the green transition by actively partnering with environmentally conscious businesses in the Hungarian market.

Adriano Agosti, founder and chairman of GoldenPeaks Capital said: “We are proud to contribute to the green footprint of Hungary and international companies operating in the country. We invite more businesses committed to decarbonizing their operations to join our technical expertise and effective problem-solving strategies.”

The plant has been completed within just 8 months, overcoming significant challenges, such as harsh winter weather conditions. Newest state of the art technology has been implemented to minimize environmental impact and ensuring long-term efficiency. The exceptional teamwork by engineers, construction specialists, and pv solar professionals combined with our technical expertise have ensured a smooth execution of the project, significantly improving the region’s security of supply in electricity and reinforcing the stability and resilience of the local grid.

About GoldenPeaks Capital

GoldenPeaks Capital specializes in the construction and operation of solar PV assets and is one of the largest PV asset owners in Eastern Europe with over 15 years of experience in structuring energy projects globally. Moreover, with two BESS + PV co-located pilot projects in Poland and one in Hungary, GPC is pioneering new technology deployment in Eastern Europe. GPC will further shape the industry of renewable energies by applying the seamless integration of all its business units, such as project development & engineering, financing & structuring, supply chain management, construction & commissioning, asset operations and commercial & energy sales, ensuring an invaluable alignment of methodologies, ethics and goals. 

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Disclaimer Golden Peaks Capital:

This press release was produced by and the opinions expressed are those of GoldenPeaks Capital as of the date of writing and are subject to change. It has been prepared solely for information purposes. Any reference to past performance is not necessarily a guide to the future. To the extent there are any forward-looking statements, these statements are based on the company’s current expectations and projections regarding its business, operations and other factors relating thereto. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable, but GoldenPeaks Capital does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.