Home Latest Feeds Technology News Nap Nyrt is based on long-term green electricity sales.

Nap Nyrt is based on long-term green electricity sales.

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Nap Nyrt is based on long-term green electricity sales.

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This year, they plan to buy one or two solar parks with a total capacity of 15-20 megawatts.

Nap Nyrt. bases its development on long-term green electricity sales agreements, this year the purchase of two solar parks is planning In the framework of long-term PPA (Power Purchase Agreement) contracts, customers buy electricity at a fixed price for ten years from Nap Nyrt, which produces it in its solar power plants.

The entire capacity of their energy park in Lajosmiz with a capacity of 5 megawatts, purchased last December, has already been sold to an international real estate company, while the park is still in trial operation and will receive its operating license in just a few weeks. The PPA contract concluded with them is for a capacity of 8 megawatts per year. Their first such contract was concluded with Linamar Zrt. in 2023.

The company produces green energy with 71 solar power plants with a total output of 37.7 megawatts in Söjtör (Zala county), Mohács and Lánycsók (Baranya county), Tiszafüred (Jász-Nagykun-Szolnok county), Ócsán (Pest county), Medgyesegyháza (Békés county) and In Alsónémedi (Pest county).

The solar power plants owned and operated by NAP Nyrt.’s subsidiaries produced a total of 59,245.6 megawatt-hours of electricity last year, which is expected to increase by 15 percent to 68,264 megawatt-hours (MWh) this year.

According to the company, it would be advisable to allow large solar parks to operate wind farms as well, because the two productions could complement each other. In this way, the electricity network would not be burdened with new connection points, and it could be resolved that only solar panels or windmills produce energy at the same time.

On a national level, 2,000-2,500 hours of wind energy can be used for electricity production annually, which significantly exceeds the number of hours of sunshine. The “common cut”, when it is possible to produce electricity with both solar power plants and wind power plants, is around 7-10 percent.

Although energy prices decreased last year compared to 2022, this did not significantly affect the company’s profit. The net operating income in the first nine months of the year reached HUF 2.161 billion and the profit reached HUF 1.098 billion, while in 2022 it was HUF 2.539 billion and HUF 1.454 billion for the whole year. The company’s shares have been traded on the Xtend market of the Budapest Stock Exchange since October 21, 2021.

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