Not only because of its economic or technological weight, but because it represents, in a very concrete way, what I have been advocating over the last few years: Portugal is no longer just a consumer of energy solutions, it is now an active exporter of knowledge, capital and strategic projects for the European energy transition.

Greenvolt is developing the largest battery energy storage project in Hungary, a relevant milestone not only for the host country, but also for the international positioning of Portuguese companies in the energy sector. The Buj project, located in northeastern Hungary, will have a capacity of 99 MW and 288 MWh, and is expected to start operating in the first quarter of this year. For its construction, operation, and maintenance, the company has secured financing of close to 60 million euros, a clear sign of the financial markets' confidence in this type of infrastructure and in the group’s execution capability.

This project illustrates well the new phase of the European energy sector. The massive integration of renewables requires more flexible, resilient, and intelligent systems. Battery storage is no longer an add-on and has become a central pillar of modern energy systems. This is precisely where Greenvolt is positioned, with a clear growth strategy in energy storage and an increasingly solid presence in key markets.

The group currently has a global pipeline of more than 14 gigawatts distributed across Europe, the United States and Asia, covering solar, wind and storage. Of these, about 17 gigawatts are already under construction, and in the battery area alone the pipeline reaches 4.7 gigawatts. These numbers help to understand the scale and ambition of the company, but also the maturity of a sector where Portugal is beginning to assume a silent but consistent leadership role.

Battery storage is now essential to ensure flexibility and resilience to electrical systems, supporting the growing incorporation of renewable energies. More than a technical statement, it is a strategic reading of the future of energy in Europe. Countries like Hungary, like many others in the European Union, need this infrastructure to ensure stability, energy security, and economic competitiveness.

What makes this project particularly relevant is the fact that it is led by a Portuguese company in a highly competitive and technically demanding market. Greenvolt demonstrates that Portugal has the capacity to develop, finance and operate large-scale projects outside its borders, actively contributing to the European energy transition.

But this is not an isolated case, but part of a broader movement. Portugal is beginning to assert itself as a platform for talent, engineering and energy management with a global impact. Projects such as Hungary's reinforce this perception and show that the future of European energy is also being built by Portuguese companies, with vision, ambition and execution capacity.