Photon Energy to manage 101 MWp of solar assets for EDP renewables in Hungary

Photon Energy N.V. has signed an asset management agreement with EDP Renováveis (EDPR) for two solar power plants in Hungary with a combined capacity of 101 MWp. The agreement, managed through Photon Energy Operations HU Kft, the Group’s Hungarian subsidiary, marks a significant step in Photon Energy’s expansion in the renewable energy sector.

Photon Energy will oversee technical, commercial, and financial management of the solar assets, ensuring optimal performance and profitability for EDPR. CEO Georg Hotar emphasized the strategic importance of the partnership, highlighting the company’s role in supporting EDPR’s ongoing transition efforts and its expertise in managing large-scale renewable energy assets.

In addition to managing the existing plants, Photon Energy will also support the future integration of another solar asset currently under construction. Once commissioned, the new plant will be added to Photon Energy’s asset management portfolio, further strengthening its presence in Hungary’s growing renewable energy market.