Image source: Ganz Transformers and Electric Rotating Machines Ltd Tápiószele: Ganz Transformers and Electric Rotating Machines Ltd purchased the Ganz factory in Tápiószele and the related assets in a public auction the company will soon be able to support the activities of the plant with a long history as an owner The company has been operating the plant as a tenant since September 2020 after liquidation proceedings were initiated in July last year against the former owner of the plant The Ganz plant in Tápiószele may soon become Hungarian property again after Ganz Transformers and Electric Rotating Machines Ltd. placed a winning bid for the assets of CG Electric Systems Hungary Zrt. The auction was announced on 27 August by the appointed liquidator Chief Executive Officer of Ganz Transformers and Electric Rotating Machines Ltd said it is of great importance that after more than 15 years the factory buildings of Ganz dating back to the historical past can once again be in Hungarian hands The plant was owned by the Indian-based Crompton Greaves group from 2006 until 2020 Due to the increasingly difficult economic situation the fraud case at the parent company and the economic effects of the coronavirus liquidation proceedings were initiated in July 2020 in connection with CG Electric Systems Hungary Zrt The company was subsequently declared a strategically important business organization by a government decree thus providing special protection for the company in bankruptcy and liquidation proceedings Ganz Transformers and Electric Rotating Machines Ltd protected the jobs of more than 200 former employees in the region by restarting production in September 2020 as a tenant of the plant and then signing new employment contracts with the former employees The Hungarian-owned company remains committed to providing the Ganz plant with a stable financing and production background of more than 140 years restoring customer and supplier relationships and strengthening the Ganz brand domestically and internationally in the medium term Jan Prins says the company can now pay even more attention to achieving business goals the plant will strive to boost export activities and to flourish the Ganz brand internationally Source: Ganz Transformers and Electric Rotating Machines Ltd New electricity deal and planned gas pipeline aim to ease Syria’s energy crisis with 400 kV line and 6 million m3 of gas daily from Turkey Christian Bruch visits Baghdad to formalise agreement aimed at potentially adding 14 GW to Iraq’s energy capacity through infrastructure upgrades Xcel Energy will build a 280-km transmission line linking clean energy from southwest Minnesota to over 1 million homes across the Upper Midwest © 2013-2025 | All Rights Reserved MERIT MEDIA INT Image credit: Ganz Transformers and Electric Rotating Machines Ltd Tápiószele: 4040 solar panels are ready for connection at the 2 MVA solar power plant built at Ganz Transformers and Electric Rotating Machines Ltd’s Tápiószele plant The panels were installed by Forest-Vill Ltd which will install an on-site energy storage system The project will be completed by the end of 2024 Ganz has started to improve the energy efficiency of its transformer factory and turn it into a modern production facility implemented as part of the Energy Use Optimisation Programme The planned annual energy production of the system is 2830 MWh which will cover a part of the site’s annual electricity consumption of 3500-3600 MWh The manufacturing company is currently able to use around 60% of the electricity generated by the small-scale solar power plant but the use can be increased by installing drying technologies using natural gas the electrifying the heating of the production halls and integrating additional electricity consumers The companies will continue to work together as Forest-Vill will install a hybrid system of lithium-ion and NAS battery energy storage on site which will be able to operate the two technologies in parallel combining the high charge/discharge capacity of lithium-ion batteries with the longer lasting capacity of NAS batteries with preparation and installation to take place by the end of the year the next major task will be to optimise the power generation “The Energy Use Optimisation Programme is an important milestone in Ganz’s development In addition to improving our products and manufacturing our priority is to optimise the operation of the factory and make it sustainable we will significantly reduce our dependence on fossil fuels and take a big step towards our goal of zero emissions.” said Gergely Gál Hungary: Ganz Transformers and Electric Rotating Machines Ltd has completed a major step towards sustainability with the commissioning of a 2 MVA solar power plant and a 5.2 MWh hybrid energy storage system at its Tápiószele facility in Hungary This project is part of the company’s broader energy efficiency initiative which is set to reduce carbon dioxide emissions by 40 % The new energy storage system combines lithium-ion and NAS battery technologies to optimize energy management allowing the plant to store solar energy and utilize it more effectively The solar system is expected to produce 2,830 MWh annually covering a significant portion of the factory’s electricity needs which are around 3,500 – 3,600 MWh per year Ganz is also working towards reducing its reliance on fossil fuels with plans to cut fossil fuel consumption by 30 % by 2030 and phase it out completely by 2050 emphasized the company’s commitment to sustainability and innovation both in its operations and product offerings The company continues to set industry standards with its energy-efficient solutions and green energy practices led the installation of the solar and storage systems marking a significant milestone in Hungary’s energy transition This development further strengthens Ganz’s role in advancing sustainable energy in industrial manufacturing has manufactured a 750 kV transformer at its Tápiószele plant The company won a public procurement contract from MAVIR Ltd to supply the 366.7 MVA machine for the Szabolcsbáka substation The transformer will be integrated into a three-phase block with two previously installed transformers to form a system with a total capacity of 1100 MVA It is expected to be commissioned at the same time as the substation is connected in November 2024 and is the company’s highest voltage transformer since its reorganisation The Szabolcsbáka substation is the Hungarian terminus of the only 750 kV transmission line in the European Union where the transformer will be connected as a phase unit to two other transformers of the same type to form a three-phase system with a capacity of 1100 MVA providing Ukraine with the infrastructure to connect to the European grid The transformer had to match the electrical characteristics of the other two units and their physical dimensions temperature rise and noise level measurements and diagnostic tests on the insulation system “It was a challenging task to manufacture this transformer while the manufacturing process also pushed the limits of the physical capacity of our factory in Tápiószele The 750 kV transformer will be an indispensable part of Hungary’s energy infrastructure and we are proud that it will help power our entire region for decades to come,” said Gergely Gál has published its first ESG report describing its efforts to operate sustainably and reduce greenhouse gas emissions Together with developing sustainable products and services Ganz launched its Energy Use Optimisation Programme in 2023 decreasing the company’s dependence on fossil fuels the company has built a 2 MW solar power plant next to its plant in Tápiószele will supply renewable electricity to the company’s transformer and rotating machine factories Ganz can currently use 60% of the electricity generated by the small-scale solar power plant but the use of the solar park’s energy can be increased by installing natural gas drying technology electrifying the heating of the production halls and installing additional electricity consumers The company aims to reduce the use of fossil fuels by 30% by 2030 and to replace them completely by 2050 Another goal is to decrease the amount of waste generated in production and shorten and make supply chains more sustainable “We are proud to have produced our first Sustainability Report which both presents our sustainability achievements to date and sets out our short and long-term goals in this field None of this would have been possible without our excellent team of experts who play a key role in enabling Ganz to offer innovative solutions in the field of energy equipment manufacturing that are both sustainable and competitive,” said Jan Prins Managing Director of Ganz Transformers and Electric Rotating Machines Ltd Ganz Transzformátor- és Villamos Forgógépgyártó a manufacturer of high-performance transformers and electric motors is installing a 2MW solar power plant at its base in Tápiószele The company said the EUR 11 million investment had been awarded a nearly EUR 5 million government grant in the framework of the Factory Rescue Programme. Ganz Transzformátor- és Villamos Forgógépgyártó had net sales revenue of HUF 43.9 billion (EUR 115.8 million) last year Featured image: Ganz Transzformátor és Villamos Forgógépgyártó Zrt and website in this browser for the next time I comment Y"},"category":false,"taxonomy":{"active":false,"name":"category"}},"markup":{"custom_html":true,"wpp-start":"","wpp-end":"<\/ul>","title-start":"","title-end":"<\/h2>","post-html":"{thumb} {title} {stats}<\/span>{excerpt}<\/p><\/li>"},"theme":{"name":""}} You have successfully joined our subscriber list SupportUs Newsletter © 2025 DailyNewsHungary | All rights reserved