Green Geo Hungary Korlatolt Felelossegu Tarsasag

What Green Geo Hungary Korlatolt Felelossegu Tarsasag does

Green Geo Hungary Korlatolt Felelossegu Tarsasag is a privately held Hungarian renewable energy engineering, procurement, construction, and operations (EPC+O&M) firm headquartered in Budapest at Kondorfa utca 10. Founded as a family business and operating for more than a decade (with company records dating to 2014), the company designs, installs, and services solar photovoltaic systems, battery energy storage, electric vehicle charging infrastructure, wind energy installations, and geothermal heating/cooling systems for residential, commercial, industrial, agricultural, municipal, and independent power producer customers across Hungary. The company has built more than 1,000 solar systems nationwide and integrates premium third-party components — Fronius and SolarEdge inverters, K2 System mounting structures, and Fronius Wattpilot / SolarEdge Mode3 EV chargers — into turnkey installations performed entirely by in-house construction crews without subcontractors.

The underlying technology stack is built on top of certified supplier ecosystems rather than proprietary platforms, with engineering-led design (shading analysis, cable sizing, inverter placement optimization) claimed to deliver 10–20% higher yield than poorly designed installations. The portfolio includes a naperőmű vezérlés intelligent control offering, 24/7 monitoring and preventive maintenance O&M services, and — via a MAVIR partnership and aggregator intermediaries — the ability for customers' storage assets to participate in Hungary's balancing energy market, generating availability and balancing fees. The company holds ISO 9001 quality certification, Magyar Brands 2024 recognition, and three consecutive years (2024–2026) of Dun & Bradstreet AAA creditworthiness, placing it in the top 0.63% of Hungarian firms for financial stability.

Green Geo's business model combines one-time EPC project revenue (project-priced at roughly 220,000–235,000 HUF per kWp based on disclosed industrial examples of 11M HUF for 50 kWp and 70M HUF for 300 kWp), recurring O&M subscription contracts, professional advisory and investment management fees, and affiliate/referral revenue from financing intermediation with Creditexpert (operational leasing, financial leasing, and Széchenyi Beruházási Hitel Max+ subsidized loans). GTM is sales-led and direct, with no resellers, targeting three horizontal segments — Vállalkozások (enterprises), Erőművek (power plants/IPPs), and Lakosság (residential) — alongside vertical specializations in agriculture (KAP subsidies up to 70%) and municipalities. The company operates exclusively within Hungary with no disclosed geographic expansion or external funding rounds.

Name

Green Geo Hungary Korlatolt Felelossegu Tarsasag

Legal name

Green Geo Kft

Website

https://greengeo.hu

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Green Geo Hungary is a Budapest-based renewable energy EPC and O&M provider serving enterprises, power plants, residential customers, municipalities, and agricultural clients across Hungary with solar PV, energy storage, EV charging, wind, and geothermal systems, supported by in-house construction crews and nationwide service.

Ownership category

akta.pro rank

Product category

Renewable Energy EPC Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Wind Electric Power Generation (221115), Geothermal Electric Power Generation (221116)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

Keywords

• Solar PV systems
• Energy storage solutions
• Renewable energy EPC
• EV charging infrastructure
• Solar O&M services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Solar PV System Design and Construction: One-time revenue from the design, engineering, and installation of turnkey solar photovoltaic systems for residential, commercial, and industrial customers. Pricing is project-specific based on system size, complexity, and component selection.
2. Operations and Maintenance Services: Ongoing O&M contracts for power plants and installed systems, including 24/7 monitoring, preventive maintenance, and reactive servicing. Typically structured as annual service agreements.
3. Advisory and Investment Management: Consulting and project management services for renewable energy investments, including feasibility studies, grant/pitch application support, and construction oversight.
4. Financing Intermediation: The company facilitates financing solutions (operational leasing, financial leasing, subsidized loans) through partner financial institutions, earning referral/commercial intermediation revenue. Financing is offered as a service to reduce customer barriers to adoption.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Green Geo designs, engineers, and installs turnkey solar photovoltaic (PV) systems, battery energy storage, EV charging, and complementary renewable energy solutions (wind, geothermal) for residential, commercial, industrial, and utility-scale customers in Hungary. The company also delivers consulting/investment management and 24/7 operations & maintenance services across the system lifecycle.

Product overview

GreenGeo is a comprehensive renewable energy solutions provider operating across three segments: power plants/utilities, businesses/industry, and residential customers. The core offering consists of solar panel systems (napelemes rendszerek) for electricity generation, supplemented by energy storage systems (energiatárolás) that increase self-consumption by 25-40%. Additional modules include EV charging infrastructure, wind energy, geothermal solutions, and network development services. The company provides end-to-end services from consulting and investment management through design, construction, to ongoing operation and maintenance. Products include hybrid and battery-integrated solar systems, intelligent power control systems, and comprehensive energy management solutions. The portfolio integrates solar, storage, EV charging, wind, and geothermal technologies to deliver intelligent green energy from concept through implementation.

Differentiator

Problem solved

Functional benefit

Products and services

• Napelemes Rendszer (Solar PV System Design and Construction) End-to-end design, engineering, and installation of grid-connected solar photovoltaic systems covering panels, inverters, mounting structures, and balance-of-system components, delivered to residential, commercial, and industrial customers across Hungary.
• Energiatárolás (Energy Storage Systems) Lithium-ion battery storage systems integrated with solar PV to maximize self-consumption, reduce grid dependency, and enable participation in Hungary's balancing energy market for both residential and industrial customers.
• Napelempark Karbantartás (Solar Park Operation and Maintenance) 24/7 monitoring, preventive maintenance, and reactive servicing for operating power plants and installed PV systems, typically structured as annual service agreements with power plant operators and IPPs.
• Tanácsadás és Beruházásmenedzsment (Consulting and Investment Management) Expert consulting and project management covering feasibility studies, financial planning, subsidy/grant application support, and end-to-end construction oversight for renewable energy investments.
• Energiamenedzsment és E-mobilitás (Energy Management and E-mobility) Consumption monitoring, optimization strategies, and EV charging infrastructure management services that help commercial and industrial customers maximize self-consumption of solar generation.
• Hálózatfejlesztés (Grid Connection and Network Development) Infrastructure planning and utility coordination services for grid connection of renewable energy installations.
• Elektromosautó-töltés (EV Charging Infrastructure) Solar-integrated EV charging solutions using Fronius Wattpilot and SolarEdge Mode3 chargers with intelligent load management for residential and commercial applications.
• Szélenergia (Wind Energy Project Development) Site assessment, planning, and implementation of wind power solutions for commercial and industrial clients.
• Geotermia (Geothermal Energy Systems) Geothermal heat pump systems for heating and cooling applications, leveraging Hungary's favorable subsurface geothermal conditions.
• Naperőmű Vezérlés (Solar Power Plant Control Systems) Intelligent control systems for utility-scale solar power plants enabling remote monitoring, performance optimization, and integration with energy storage and grid balancing services.
• Akkumulátoros Napelemes Rendszerek (Residential Battery-Integrated Solar Systems) Hybrid solar systems with integrated battery storage tailored for residential applications, enabling up to 70-80% self-consumption rates and backup power capability.

Quantifiable outcome

• Electricity cost reduction of 10-40% for solar-only systems; 70-80% with energy storage
• +4 more outcomes

Named customers19 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• CreditexpertcoreGTM or Marketing PartnerFinancial advisory partnership with Creditexpert for financing solutions (operational leasing, hire purchase, subsidized credit). Creditexpert provides financial expertise and product structuring for solar PV financing, enabling Green Geo to offer zero-upfront-cost options to customers.
• MAVIRcoreStrategic or Co-development PartnerMAVIR (Hungarian electricity system operator) is the framework partner for energy storage market participation. Companies with storage can supply balancing energy to MAVIR, earn availability fees and balancing fees, creating a new revenue stream from storage assets.
• Aggregator CompaniesminorStrategic or Co-development PartnerAggregator intermediaries that combine smaller storage capacities from multiple companies to participate in the MAVIR balancing energy market. Enables even 100s of kW-scale storage owners to earn market revenues.
• FroniuscoreTechnology or IntegrationPreferred inverter and EV charging partner. Green Geo exclusively recommends and installs Fronius inverters and Wattpilot EV chargers. As a certified partner, Green Geo has access to product support, training, and technical resources.
• SolarEdgecoreTechnology or IntegrationPreferred inverter partner for solar and EV charging solutions. SolarEdge offers power optimizers and Mode3 EV chargers integrated with the Green Geo solar ecosystem. Green Geo is an authorized installation partner.
• K2 SystemcoreTechnology or IntegrationPreferred mounting system provider for solar installations. K2 System (German manufacturer) provides statically designed mounting structures that Green Geo uses across all projects for premium quality and reliability.
• Dun & BradstreetcoreOthersCreditworthiness certification and business intelligence provider. Green Geo has achieved the AAA (highest) creditworthiness rating from Dun & Bradstreet for three consecutive years, serving as a key trust signal for customers, suppliers, and employees.
• Major Solar Equipment ManufacturerscoreTechnology or IntegrationGreen Geo has authorized service partnerships with all major solar equipment manufacturers present in Hungary, enabling immediate spare parts supply and repair capability nationwide through each manufacturer's service network.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Solarpro Holding: Hungarian solar EPC contractor delivering utility-scale and C&I solar power plants, including design, construction, and O&M services. A direct competitor in the Hungarian market with overlapping customer base and project types.
• Greentech Hungary: Hungarian solar and energy services provider offering solar PV installations, energy storage, and EV charging solutions for residential and commercial customers. Directly comparable in service portfolio and target segments.
• Photon Energy: Central European solar EPC and IPP with significant operations in Hungary, delivering turnkey solar PV installations, O&M services, and energy storage solutions. Comparable business model targeting residential, commercial, and utility-scale customers in the same geography.
• ALTEO Group: Hungarian renewable energy company operating power plants, offering solar EPC, energy storage, and energy management services to industrial and commercial customers across Hungary. Direct competitor to Green Geo across multiple renewable verticals and customer segments.
• Optimum Solar Hungary: Hungarian solar PV installer providing design, installation, and maintenance of rooftop and ground-mounted solar systems for residential, commercial, and industrial customers. Direct competitor in the same Hungarian solar EPC market.

Broad incumbents

• Sunrun: Leading US residential solar, battery storage, and energy services company that pioneered the solar lease/PPA model. Directly comparable to Green Geo's operational leasing offering and residential solar-plus-storage go-to-market.
• MVM Group: Hungarian state-owned energy conglomerate with generation, distribution, and increasingly renewable energy operations including solar and storage. Larger incumbent with overlapping capabilities in solar power generation and energy services.
• SunPower Corporation: Global residential and commercial solar company that designs, manufactures, and installs solar PV systems with integrated storage and monitoring. Comparable in offering a premium, turnkey solar-plus-storage residential solution, though operating at much larger scale.
• E.ON Hungária: Hungarian arm of the European utility E.ON, offering electricity distribution and renewable energy services including solar PV packages for residential and commercial customers. Broader incumbent with portfolio overlap in distributed solar and energy services.

Others

• Fronius International: Premium Austrian inverter and EV charger manufacturer, and a core technology partner of Green Geo. Listed as a peer because Fronius's hybrid inverter and Wattpilot EV charger portfolio is central to Green Geo's value proposition and competitive differentiation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/green-geo-hungary

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Geo Hungary Korlatolt Felelossegu Tarsasag