Progress Towards Sustainable and Cost-Effective Production: MOL Group Chemicals Builds a New Solar Park
MOL Group Chemicals is committed to achieving sustainable energy supply and therefore places particular emphasis on the use of renewable energy sources. On November 14th, the company announced that it is expanding its green electricity production in Tiszaújváros with a new 48 MWp solar power plant, one of the largest directly connected to an industrial consumer in Hungary.
Why is this important for Partners?
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Cost Reduction: By producing its own green
energy, the company can reduce its electricity costs, which directly
contributes to increasing the efficiency of manufacturing processes and
strengthening the competitiveness of its products.
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More Sustainable Production: The 48 MWp power
plant covers an average of 5% of the Tiszaújváros manufacturing
unit's annual electricity demand, which can reach up to 30% during peak
periods. The solar park reduces the site's CO2 emissions by 17,000 tons
per year, enabling Partners to actively participate in achieving
environmental goals.
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Energy Independence: The power plant produces the
same amount of electricity as the annual consumption of 28,000 average
local households. The own energy source increases the independence of
the plants' energy supply.
"The current market environment: persistently high energy prices, the CO2
tax, sustainability regulations imposed by the European Union, and low
demand in the polymer market pose significant challenges for petrochemical
companies. At MOL, we are thinking about solutions. The new solar park at
our Tiszaújváros plants will be another step towards the green transition,
supporting our competitiveness and adaptation to a challenging
environment," said Péter Császár, Executive Director of MOL Group
Chemicals.
The solar park is being built on the former sludge storage area of the
company's Tiszaújváros site, thus transforming a previously unused area into
a valuable energy source. The generated electricity will be used directly
by the manufacturing plants, which minimizes energy losses.
The new solar park is an important milestone in our company's
sustainability efforts. The investment not only serves environmental goals
but also provides long-term economic benefits for Partners.
