The startup manufactures solar power plants that generate renewable energy and facilitate the operation of both owned and third-party power plants. By developing solar projects for public and private networks, the company enables businesses to significantly lower their energy costs.
Funding
$4.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for renewable energy sources requires efficient and reliable solar power plant development and operation, but companies often face challenges in project development, grid integration, and regulatory compliance. Furthermore, renewable energy producers need to optimize energy production and manage grid balancing to maximize profitability and contribute to grid stability.
Solution
Pannon Green Power develops and operates solar power plants, offering comprehensive services from project development to energy production and grid management. The company develops solar projects ranging from 0.5 to 49.9 MW for both public and private networks, assisting businesses in reducing energy costs through renewable sources. Pannon Green Power also provides operation and maintenance services for solar power plants, including regulatory compliance, performance monitoring, and balance management. Their regulatory center aggregates flexible producers and consumers, selling their regulatory capacities to balance grid fluctuations and optimize energy trading.
Target Audience
Pannon Green Power serves energy-intensive businesses seeking renewable energy solutions, landowners interested in leasing land for solar power plants, existing solar power plant owners looking for professional operation and maintenance services, and investors seeking opportunities in renewable energy projects.
Features
- End-to-end solar power plant project development, including site acquisition, capacity procurement, and permitting
- Operation and maintenance services for solar power plants, including scheduled and unscheduled maintenance
- 24/7 system monitoring and supervision with advanced dashboard services
- Management of mandatory 15-minute next-day scheduling towards MAVIR Zrt. (Hungarian Transmission System Operator)
- Assumption of full balance energy responsibility
- Aggregation of flexible energy producers and consumers in a regulatory center
- Participation in capacity tenders and energy trading on the energy exchange
- Installation of Tesla Battery Energy Storage Systems (BESS) for participation in the aFRR market (automatic Frequency Restoration Reserve)