GoldenPeaks Capital Celebrates the Official Opening of Its Flagship Solar Power Plant in Bodroghalom, Hungary
GoldenPeaks Capital (“GPC”), one of Europe’s fastest-growing independent producers of renewable energy, has officially inaugurated its Hungarian flagship project — the Zemplén Solar Park in Bodroghalom. The event marked not only a significant milestone for GoldenPeaks Capital but also an important step forward in Hungary’s ongoing transition to a cleaner, greener energy future.
A Landmark Moment for Hungary’s Renewable Energy Development
The opening ceremony was attended by representatives from Hungarian business, industry, and politics, highlighting the national importance of the project. Speaking at the event, GoldenPeaks Capital Chief Executive Officer Fabian Gaus underscored the project’s strategic significance:
“This project represents a meaningful step forward in Hungary’s renewable energy journey and a proud milestone for our company. Hungary plays a key role in our long-term strategy, and this project reflects our full commitment to the country’s clean energy future.”
The inauguration of the Zemplén Solar Park reinforces Hungary’s growing role in Europe’s renewable energy market, where solar power is becoming an increasingly central component of national energy policy.
Technical Capacity and Environmental Impact
The Zemplén Solar Park is among the most advanced photovoltaic facilities in Hungary, featuring a two-block solar installation with an installed capacity of 64.56 megawatts-peak (MWp). This large-scale facility is capable of producing around 94.6 gigawatt-hours (GWh) of clean electricity per year.
That amount of power is sufficient to supply energy to more than 30,000 people annually, covering the equivalent needs of a small city while reducing reliance on fossil fuels.
The project’s environmental contribution is equally remarkable. Over its operational lifetime, the solar park is projected to save more than 860,000 tons of CO₂ emissions. To put this into perspective, this is roughly equivalent to the carbon absorption capacity of over one million trees, demonstrating the tangible positive impact the plant will have in mitigating climate change and supporting Hungary’s emissions reduction goals.
Full Operations and Proven Reliability
Although the official opening ceremony was held in September 2025, the Zemplén Solar Park has been fully operational since March 2025. In nearly four months of consistent electricity generation, the plant has already established itself as a highly reliable renewable energy asset.
Beyond generating clean power, the solar park is actively contributing to grid services in Hungary, ensuring that renewable electricity is integrated effectively into the national system. Notably, the Zemplén Solar Park is the first GoldenPeaks Capital project to participate in the automatic Frequency Restoration Reserve (aFRR) market, an advanced ancillary service that plays a critical role in maintaining grid stability and frequency balance.
By stepping into this segment, GoldenPeaks Capital is demonstrating not only its commitment to energy production but also its role as a technological partner in strengthening Hungary’s power infrastructure.
Strategic Partnerships and Power Purchase Agreements
One of the most significant aspects of the Zemplén Solar Park is its long-term Power Purchase Agreement (PPA) with the Faerch Group, a leading European packaging manufacturer. This commercial arrangement ensures financial stability for the project while providing Faerch with a secure supply of renewable electricity to help meet its sustainability targets.
The PPA with Faerch builds on GoldenPeaks Capital’s success in the Hungarian market. In 2024, the company signed a landmark 12-year physical PPA, making it one of the first major agreements of its kind in the country. By securing long-term partnerships with industrial off-takers, GoldenPeaks Capital is helping Hungarian companies reduce their carbon footprint and transition toward greener business operations.
These PPAs are particularly important in Hungary, where the corporate renewable energy market is still maturing. By taking a leadership role, GoldenPeaks Capital is shaping the future of corporate energy procurement and creating a blueprint for how clean energy can support economic growth.
Hungary’s Role in GoldenPeaks Capital’s European Strategy
While GoldenPeaks Capital operates across Europe, Hungary holds a strategic position within the company’s growth plans. The country’s combination of strong solar potential, increasing demand for clean electricity, and a supportive policy framework makes it a promising hub for renewable energy investments.
By bringing the Zemplén Solar Park online, GoldenPeaks Capital is solidifying its presence in Hungary and reinforcing its reputation as a trusted partner in the energy transition. The company sees Hungary not only as a market for delivering projects but also as a country where long-term cooperation with government, businesses, and communities can accelerate decarbonization and enhance energy security.
Innovation and Leadership in the Energy Transition
GoldenPeaks Capital has established itself as a pioneer in renewable energy development, with a proven track record of implementing clean power projects that combine advanced technology with commercial innovation.
The Zemplén Solar Park exemplifies this approach. Its participation in Hungary’s frequency reserve services demonstrates how modern renewable facilities can go beyond power generation, actively contributing to the stability, flexibility, and resilience of national grids.
By embedding innovation into its operations, GoldenPeaks Capital is ensuring that solar energy remains not only sustainable but also reliable and economically competitive.
Supporting Hungary’s Decarbonization Goals
The opening of the Zemplén Solar Park arrives at a crucial moment for Hungary. Like other EU member states, Hungary is working toward ambitious climate neutrality targets and must significantly scale up renewable energy to achieve them.
Projects such as this solar park play an essential role in reducing reliance on fossil fuels, cutting carbon emissions, and ensuring a secure and diversified energy mix. At the same time, they provide valuable economic benefits, including local job creation during construction, ongoing maintenance work, and new business opportunities tied to the renewable energy ecosystem.
GoldenPeaks Capital has signaled its strong intention to remain a key partner in this journey. By leveraging its expertise in clean energy development, financial structuring, and long-term partnerships, the company is ideally positioned to support Hungary’s evolving energy market and help domestic corporates reach their decarbonization and sustainability targets.
