What Extor Energy Zrt. does

EXTOR Energy Zrt. is a Hungarian renewable-energy EPC contractor founded in 2022 as a member of the EXTOR Group. The company designs, procures, and constructs turn-key photovoltaic power plants (typically 5 MWp to 100+ MWp), battery energy storage systems based on LFP chemistry, and grid-connection infrastructure including greenfield 132/22 kV substations and HV cable routes. It complements construction with operations and maintenance services and currently manages roughly 1,000 MWp of solar capacity.

Its revenue is generated primarily through one-time EPC project contracts custom-quoted per project, supplemented by recurring managed-services fees from O&M engagements and equipment supply. Go-to-market is direct enterprise sales targeting Hungarian utilities (OPUS, E.ON, MVM, ÉMÁSZ), industrial corporates (MOL via ALTEO), and international renewable developers (Uniper, Greenvolt), supported by industry-event participation, MMESZ affiliation, and a Schneider Electric collaboration.

Since 2022, EXTOR has delivered 400+ MWp of installed PV capacity, executed 200+ MWh of storage projects, secured flagship contracts including a 151 MWp Uniper build and a 57.4 MWp tracker project for Greenvolt, achieved ISO 9001/14001/45001/27001 certifications, and roughly doubled its headcount over the past year. Customer relationships are concentrated in Hungary, with stated Central European expansion ambitions.

Name

Extor Energy Zrt.

Legal name

EXTOR Energy Zrt.

Website

https://extorenergy.hu

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

EXTOR Energy Zrt. is a Hungarian EPC contractor founded in 2022 that delivers turn-key photovoltaic power plants, LFP battery energy storage systems, and grid-connection infrastructure for utilities, industrial corporates, and renewable developers in Hungary and Central Europe.

Ownership category

akta.pro rank

Product category

Renewable Energy EPC Services

NAICS

Solar Electric Power Generation (221114), Electric Power Transmission, Control, and Distribution (22112), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911)

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

akta.pro secondary industries

Utility-Scale BESS EPC & Integration (EUAEAEAA), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Photovoltaic EPC services
• Battery energy storage
• Utility-scale solar construction
• Grid connection substations
• Renewable energy operation maintenance

Headquarters

HQ city

Budaörs

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. EPC Project Revenue: One-time project-based revenue from turn-key engineering, procurement, and construction of photovoltaic power plants, energy storage systems, and distribution networks. Projects range from 5 MWp to 100+ MWp capacity.
2. Operations & Maintenance Services: Ongoing O&M services for installed PV plants, storage systems, and substations. Currently managing approximately 1,000 MWp of solar capacity, providing recurring service revenue.
3. Equipment Supply: Supply of energy storage equipment (e.g., 3.4 MWh battery systems, 2.4 MWh power storage equipment) as part of comprehensive project delivery.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Extor Energy Zrt. provides turn-key EPC (Engineering, Procurement, Construction) services for large-scale renewable energy projects in Hungary. Core deliverables include the design, procurement, construction, and grid connection of photovoltaic power plants exceeding 5 MWp, LFP battery energy storage systems (BESS), and high-voltage substations, complemented by ongoing operations and maintenance of the installed assets.

Product overview

EXTOR Energy Zrt. is an EPC (Engineering, Procurement, Construction) company offering turn-key renewable energy solutions in Hungary. The company's portfolio consists of four integrated service lines: (1) Photovoltaic Power Plant Construction for large-scale solar installations (5+ MWp), (2) Energy Storage System Construction (BESS) using LFP battery technology, (3) Distribution Network Construction including substations and grid connections, and (4) Operation and Maintenance Services for managing assets post-construction. The company operates with over 400 MWp of installed PV capacity and manages approximately 1,000 MWp of operational assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Photovoltaic Power Plant Construction Turn-key design, procurement, and construction of utility-scale photovoltaic power plants with capacity exceeding 5 MWp, from initial concept and permitting through grid connection and commissioning, for utilities, independent power producers, and renewable energy developers in Hungary.
• Energy Storage System Construction (BESS) Modular, expandable battery-based power storage solutions using Lithium Iron Phosphate (LFP) technology for grid balancing, peak load management, and efficient utilization of surplus renewable energy, delivered to utilities, independent power producers, and industrial energy users.
• Distribution Network Construction Turn-key distribution network solutions for connecting industrial and renewable energy projects to the grid, including greenfield 132/22 kV and 132/11 kV substations, substation extensions, HV cable connections, and 22 kV production cable routes, for utilities and project developers.
• Operation and Maintenance Services

Quantifiable outcome

• 400+ MWp of installed PV capacity delivered successfully
• +3 more outcomes

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, flagship and major.

• Schneider ElectriccoreStrategic or Co-development Partner · 1 June 2025EXTOR Energy CEO Lantos Mihály presented at Schneider Electric Innovation Day: Power & Grid 2025. Companies are exploring collaboration opportunities for energy storage and grid solutions. Schneider Electric provides grid automation and energy management technology.
• UniperflagshipStrategic or Co-development Partner · 1 January 2025EXTOR Energy was awarded EPC contract to build two solar parks totaling 151 MWp (Dunaföldvár 61 MWp, Tét 90 MWp) for Uniper. This is a flagship project strengthening EXTOR's position in Central European renewable market.
• MMESZ (Magyar Megújulók Energia Szövetsége)coreGTM or Marketing PartnerEXTOR Energy hosts MMESZ POWER-UPS Talks&Party events, providing a platform for industry collaboration and professional networking among renewable energy sector participants. The company supports the association's mission to advance renewable energy in Hungary.
• ALTEOmajorStrategic or Co-development PartnerEXTOR Energy served as main EPC contractor partner for ALTEO on the Algyő solar park (37.4 MW) and 40 MWh energy storage project. This represents a significant strategic collaboration for large-scale renewable infrastructure.
• VPP Solar Kft.majorStrategic or Co-development PartnerEXTOR Energy implemented the 14.5 MW Szabadbattyán solar plant for VPP Solar, involving grid connection via E.ON substation modifications.
• MVM CsoportmajorStrategic or Co-development PartnerEXTOR Energy served as EPC contractor for MVM Csoport's strategic Litéri energy storage project, implementing a 5.4 MVA / 11.6 MWh LFP battery storage system - a key milestone in Hungary's energy modernization.
• GreenvoltmajorStrategic or Co-development PartnerEXTOR Energy successfully completed Hungary's one of largest tracker PV EPC project (57.4 MWp in Királyegyháza) for Greenvolt, a major European renewable energy developer.
• MOLmajorStrategic or Co-development PartnerEXTOR Energy (as ALTEO subcontractor) is implementing solar and storage solutions at MOL's Algyő facility, integrating renewable energy into industrial operations.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• juwi GmbH: German-based renewable energy EPC contractor delivering utility-scale solar PV, wind, and storage projects across Europe and globally. Directly comparable as a turn-key renewable EPC competing for the same European utility-scale project tenders as EXTOR Energy.
• BayWa r.e. Global renewable energy developer, EPC and operations business with deep European utility-scale solar and storage project portfolio. Closely aligned with EXTOR's turn-key utility-scale PV + storage + O&M model and a likely competitor in Central European tenders.
• IBC Solar: German-headquartered solar EPC and PV system provider with international utility-scale project delivery capability. Comparable to EXTOR as a turn-key solar EPC contractor serving utility and C&I customers across European markets.
• Goldbeck Solar GmbH: European specialist EPC for utility-scale ground-mounted solar PV and storage projects, active in Germany and Central/Eastern Europe. Directly comparable business model and project size profile to EXTOR's 5–100+ MWp solar EPC offerings.

Broad incumbents

• Siemens Energy AG: Global energy technology and EPC company with grid solutions, HV substation, and storage integration capabilities. Overlaps with EXTOR's distribution/substation construction and BESS integration service lines as part of a much broader portfolio.
• EnviTec Biogas AG: European renewable energy EPC and operator with broader portfolio spanning biogas, biomethane, and increasingly PV/storage. Comparable turn-key EPC delivery model at utility scale, though with broader technology scope than EXTOR's solar-and-storage focus.
• EDP Renováveis: One of the world's largest renewable energy developers with utility-scale wind and solar EPC capabilities across Europe. Comparable in utility-scale renewable project delivery, though typically operating at much larger scale and with vertical integration that EXTOR lacks.

Others

• Schneider Electric SE: Global energy management and grid automation technology provider; strategic partner of EXTOR (joint presence at Schneider Electric Innovation Day: Power & Grid 2025). Comparable as an enabling technology supplier for grid and storage projects, rather than a direct EPC competitor.
• Risen Energy Co., Ltd. Chinese solar PV module manufacturer listed as a technology partner on EXTOR's website. Comparable as an upstream supplier of PV modules integrated into EXTOR's projects rather than a direct EPC competitor.

Regional players

• ALTEO Nyrt. Hungarian energy company and independent power producer active in renewable generation, energy storage, and energy trading — overlapping geographies and adjacent vertical scope. EXTOR served as ALTEO's main EPC contractor for Algyő solar+storage, illustrating both partnership and partial overlap in the Hungarian renewable market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/aegszunetmentes
• LinkedInlinkedin.com/company/extor-energy-zrt
• Instagraminstagram.com/extor_csoport

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Extor Energy Zrt.