Voltrack
Voltrack is a Hungarian integrated energy company operating biogas plants, solar assets, electric boilers, and an MEKH-accredited aggregator that provides aFRR grid balancing, corporate PPAs, GO trading, and battery storage aggregation to renewable producers, agricultural operators, district heating utilities, and municipalities across Hungary.
- Company typePrivate
- Founded2016
- HeadquartersSzigetvár, Hungary
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Voltrack does
Voltrack is a privately held Hungarian integrated energy company founded in 2016 (incorporated 2018) and headquartered in Szigetvár, with operational offices and biogas plants across Hungary (Csongrád, Ostffyasszonyfa, Jászapáti, Pálhalma, Szeged). The group operates through three wholly-owned subsidiaries — Voltrack Balancing Kft (MEKH-registered electricity aggregator), Voltrack Heat Kft (district-heating electric boilers), and Voltrack Solar Alfa Kft (solar project development) — and develops, owns, leases, and operates biogas power plants, solar PV assets, and electric boiler installations while providing on-site corporate Power Purchase Agreements (PPAs), Guarantee of Origin (GO) trading, and battery storage aggregation under its Visszwatt sub-brand.
The technical backbone is a proprietary Központi Vezérlő Szoftver (Central Control Software) co-developed with DMlab Kft on Microsoft Azure, communicating with MAVIR via IEC-104 and with plant PLCs (Unitronics, VLT Pro systems) via Modbus TCP/IP, and integrating Blue'Log monitoring/reverse-watt control units. This stack allows Voltrack Balancing to dispatch aFRR (Automatic Frequency Restoration Reserve) and mFRR regulation signals across a portfolio that, as of late 2024, comprised roughly 13 MW of solar, 7 MW of biogas, and 3 MW of district-heating electric boilers — making it one of a small number of accredited aggregators in the Hungarian market.
Voltrack makes money through five streams: (i) managed aggregator services (capacity fees and balancing energy fees on MAVIR's secondary/tertiary regulation markets); (ii) long-term rental and operational management of agricultural biogas plants (electricity sales, heat offtake to neighbours, GO sales); (iii) GO trading commissions at 10% with a HUF/EUR price cap; (iv) PPA and ESCO project development fees, anchored by the EUR 16M, 26 MWp Királyegyházá project for Lafarge Hungary; and (v) R&D and grant-funded technology development (GINOP, KKV Fókusz, KKV Technológia Plusz Hitelprogram). Customer segments are renewable energy producers, agricultural biogas plant owners, district heating utilities, energy-intensive industrials, and municipalities; the company is geographically limited to Hungary and distributes exclusively through direct enterprise sales, balance-group referrals, and industry conferences (BioCon, EnergyCon).
Voltrack firmographics
Firmographics- Name
- Voltrack
- Legal name
- Voltrack Energy Korlátolt Felelősségű Társaság
- Website
- https://voltrack.hu
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Voltrack is a Hungarian integrated energy company operating biogas plants, solar assets, electric boilers, and an MEKH-accredited aggregator that provides aFRR grid balancing, corporate PPAs, GO trading, and battery storage aggregation to renewable producers, agricultural operators, district heating utilities, and municipalities across Hungary.
- Ownership category
- akta.pro rank
Voltrack industry classification
Industry- Product category
- Renewable Energy Services
- NAICS
- Electric Power Generation (22111), Steam and Air-Conditioning Supply (221330)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL)
- akta.pro secondary industries
- Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI), Real-Time Balancing Energy Trading (Imbalance/RT Markets) (EUAGAKAA), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)
Keywords
Where Voltrack is headquartered
LocationHeadquarters
- HQ city
- Szigetvár
- HQ country
- Hungary
- HQ region
- Europe
Offices6 records
Markets served
Voltrack business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Aggregator Services (aFRR/mFRR): Voltrack Balancing Kft operates as an aggregator providing balancing services to the electricity grid through MAVIR. Revenue comes from capacity fees and balancing energy fees from the secondary (aFRR) and tertiary (mFRR 12.5) regulation markets. The aggregator combines multiple power plants (biogas, solar, electric boilers) to participate in grid regulation markets.
- Biogas Plant Operation and Management: Long-term rental and operational management contracts for biogas plants. Voltrack operates biogas facilities in Csongrád, Ostffyasszonyfa, Jászapáti, Pálhalma, and Szeged. Revenue generated from electricity production, biogas processing, and heat sales to neighboring facilities.
- Guarantee of Origin (GO) Trading and Administration: Voltrack manages the application and sale of Guarantees of Origin (green energy certificates) for renewable power plants on the Hungarian electricity exchange. Commission-based model at 10% of GO revenue.
- PPA (Power Purchase Agreement) Development: On-site PPA and ESCO project development for medium-sized enterprises in the Hungarian market. Voltrack develops solar power projects where electricity is primarily consumed on-site.
- R&D and Technology Development: Research and development projects funded by government grants (GINOP, KKV FÓKUSZ). Development of ammonia-nitrogen reducing technology for biogas plants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Guarantee of Origin trading and administration |
| Other | Monthly | Biogas plant operator position |
| Other | Pay-as-you-go | Aggregator connection for electricity storage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Voltrack product offering
Product offeringCore offering
Voltrack is an integrated Hungarian energy company that operates and develops renewable energy assets (biogas plants, solar PV projects, electric boilers for district heating) and provides electricity balancing/aggregation services for the MAVIR aFRR/mFRR markets through its subsidiary Voltrack Balancing Kft. The company also trades Guarantees of Origin (GO) on the Hungarian electricity exchange and develops on-site corporate Power Purchase Agreements (PPAs) and ESCO projects. Its subsidiary Voltrack Heat Kft delivers electric boiler heating solutions, while the Visszwatt program enables electricity storage owners to participate in grid regulation markets through open-book revenue sharing.
Product overview
Voltrack is an integrated Hungarian energy company operating across multiple business segments: biogas/biomethane power plant development and operation, solar power plant project development, electricity balancing/aggregation services, Guarantees of Origin (GO) trading, corporate Power Purchase Agreements (PPA), electric boiler heating solutions for district heating, and energy storage systems management. The portfolio includes products such as Blue'Log (aggregation and monitoring platform), VOLTRACK Balancing Kft (aggregator subsidiary), biogas/biomethane operations (Csongrád, Ostffyasszonyfa, Jászapáti, Pálhalma, Szeged facilities), solar plant development, GO trading services, PPA services, electric boilers, and the Visszwatt battery storage program.
Differentiator
Problem solved
Functional benefit
Brands
- Visszwatt: Energy storage systems with aggregator control for aFRR obligations
- BioCon
- Blue'Log
Products and services
- Voltrack Balancing Kft Aggregator Services (aFRR/mFRR) Wholly-owned aggregator subsidiary providing balancing services to the electricity grid through MAVIR, including aFRR accreditation for solar and biogas plants. Combines multiple power plants (biogas, solar, electric boilers) for participation in secondary (aFRR) and tertiary (mFRR 12.5) regulation markets. Revenue from capacity fees and balancing energy fees.
- Visszwatt Energy Storage Aggregation Program Program for battery energy storage systems installed behind a consumption point, enabling storage owners to participate in MAVIR regulation markets as market players, with revenue sharing via open-book accounting. Free integration and accreditation, transparent revenue calculation.
- Blue'Log Aggregator Control and Monitoring System
Quantifiable outcome
- ~1.6 million HUF/year additional revenue for 0.5 MW solar plant from GO trading
- +3 more outcomes
Companies that use Voltrack
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Voltrack technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Voltrack partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- ID Energy GroupcoreSpanish investment company developing the first domestic PPA solar project (26 MWp) at Királyegyháza for Lafarge Hungary. Voltrack manages complete regulatory approval and connection agreements. Project investment ~16 million euros.
- DMlab KftcoreDeveloped proprietary central control software for Voltrack Balancing aggregator operations on MS Azure platform.
- VLT Pro KftcoreProvided individually configured PLC control systems for power plants integrated into Voltrack's aggregator network.
- Bay Zoltán Alkalmazott Kutatási Közhasznú Nonprofit KftcoreResearch partner in KKV FÓKUSZ project (2024-1.1.1-KKV_FÓKUSZ-2024-00005) for developing ammonia-nitrogen reducing technology for biogas plants. Total project funding 302 million HUF.
- AGRÁR-OFFA KftminorOriginal owner of Ostffyasszonyfa biogas plant (0.625 MWe) acquired by Voltrack Holding Zrt. Close collaboration expected in ongoing feedstock supply.
- CEZ MagyarországminorBalance group responsible party for certain biogas plants in Voltrack portfolio. Electricity trading remains responsibility of balance group managers.
- E.ON EnergiamegoldásokminorBalance group responsible party and former solar project partner (Szigetvár mill, pig farm installations).
Scale indicators10 records
Recent moves9 records
Expansion highlights6 records
Voltrack competitors and assessment
Company assessmentEmerging players
- Sonnen (by Shell): Residential and commercial battery storage provider that aggregates distributed storage into virtual power plants for grid services. Comparable to Voltrack's Visszwatt program, although focused on residential storage rather than industrial/utility assets.
- Enviro Biogas / EnviTec Biogas: European biogas plant developer and operator active across multiple countries, including CEE. Comparable on biogas plant operations, agricultural substrate management and biomethane pivots relevant to Voltrack's plant portfolio.
- FCR Energy Hungary / ALTEO competitor: Weltec Biopower is a biogas plant builder/operator across Europe with CEE footprint; representative of specialized biogas/biomethane players that increasingly provide aggregation-adjacent services in Hungary's renewable market.
Broad incumbents
- MVM Group: Hungarian state-owned national energy group spanning generation, district heating, trading and grid services. Dominant incumbent across all of Voltrack's verticals (biogas, district heating, electricity market); MAVIR itself is part of MVM Group.
- RWE Supply & Trading: European utility with major renewables, storage and trading operations including aFRR-related activities in Germany and CEE. A potential deep-pocketed entrant into Hungarian balancing and PPA markets that could outcompete on scale.
- E.ON Hungaria: Hungarian arm of E.ON, operating distribution, customer solutions and decentralized energy services. Already a balance-group partner for Voltrack assets, and a potential large-scale competitor in distributed aggregation and district heating.
Direct peers
- Alteo Group: Hungarian listed energy company operating biomass/biogas power plants, district heating, and renewable generation with a similar integrated CHP + heat + electricity profile. Direct domestic competitor in Hungarian biomass CHP and district heating markets.
- Energy2market (e2m): European aggregator active in German and adjacent balancing markets, providing direct marketing, balancing, and aggregation services to renewables and CHP operators. Closely matches Voltrack's portfolio aggregation and capacity-marketing offering.
- Lichtblick: German aggregator and energy provider using virtual power plant technology to dispatch distributed units (biogas, CHP, storage) into German balancing markets. Closely comparable business model to Voltrack's central-control-software-driven aggregation.
- Next Kraftwerke: Germany-based leading European virtual power plant and aFRR/mFRR aggregator connecting renewables, CHP and storage to TSOs. Highly comparable to Voltrack Balancing's MAVIR-facing aFRR aggregation model, with broader scale and additional geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Voltrack social profiles
Digital presenceVoltrack financial estimates
Financial estimateRevenue estimate
Valuation estimate
Voltrack leadership team
Management profileNumber of profiles
Profiles5 records
Voltrack subsidiaries and ownership
Company hierarchySubsidiaries3 records
Voltrack funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Voltrack M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Voltrack
What does Voltrack do?
Voltrack is an integrated Hungarian energy company that operates and develops renewable energy assets (biogas plants, solar PV projects, electric boilers for district heating) and provides electricity balancing/aggregation services for the MAVIR aFRR/mFRR markets through its subsidiary Voltrack Balancing Kft. The company also trades Guarantees of Origin (GO) on the Hungarian electricity exchange and develops on-site corporate Power Purchase Agreements (PPAs) and ESCO projects. Its subsidiary Voltrack Heat Kft delivers electric boiler heating solutions, while the Visszwatt program enables electricity storage owners to participate in grid regulation markets through open-book revenue sharing.
Is Voltrack a public or private company?
Voltrack is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Voltrack founded?
Voltrack was founded in 2016. It employs 1 to 10 people.
Where is Voltrack based?
Voltrack is headquartered in Szigetvár, Hungary, in the Europe region.
How does Voltrack make money?
Five revenue lines are on record. Aggregator Services (aFRR/mFRR) is the primary driver. The others are biogas Plant Operation and Management, guarantee of Origin (GO) Trading and Administration, PPA (Power Purchase Agreement) Development and R&D and Technology Development.
Who are Voltrack's main competitors?
Emerging players on record are Sonnen (by Shell), Enviro Biogas / EnviTec Biogas and FCR Energy Hungary / ALTEO competitor. Broad incumbents are MVM Group, RWE Supply & Trading and E.ON Hungaria. Direct peers are Alteo Group, Energy2market (e2m), Lichtblick and Next Kraftwerke.
Does Voltrack have an API?
No public API is recorded for Voltrack.
What industry is Voltrack in?
Voltrack's product category is Renewable Energy Services. Its primary akta.pro industry code is EUAAAGAL, Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers), with a secondary code of EUABAJAI, Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP). Its NAICS code is 22111 and its SIC code is 4991.