PVTIME – WeLion New Energy has entered into a framework cooperation agreement with the Hungarian energy company Szermann Kft for a portfolio of 150MWh energy storage projects.
The two companies intend to develop multiple energy storage projects across Hungary and neighbouring countries over the next 12 months. These projects will involve grid-side peak shaving, renewable energy integration storage and commercial and industrial user-side storage solutions.
The agreement also establishes a framework for ongoing collaboration in the Central and Eastern European energy storage market, thereby supporting the region’s renewable energy transition and grid stability objectives.
