Axpo Hungary Kft. trades in electricity and gas in Hungary and cross-border with the Slovak Republic, Croatia, Romania, Serbia and Austria, and is accredited on the Hungarian HUPX spot market. Its customers are local producers and consumers, as well as European electricity generators and traders.
With more than 30 locations across Europe, North America and Asia, the Axpo Group is always close to its customers. And our proximity is more than geographic. We speak our customers’ languages, are immersed in their culture, and understand their specific market conditions. We have a significant presence in the European onshore wind and large-scale solar power business. Axpo is also one of the leading European energy traders along the entire time horizon, from intraday trading to multi-year contracts, with a broad range of products worldwide. Our renewable energy portfolio is one of the largest in the market, and we are the preferred European provider of tailored customer solutions.
Axpo owns more than 5,000 MW of installed renewable energy across Europe and manages a renewable energy portfolio of 95 TWh. Our activities in this field include wind energy, photovoltaics, biomass and hydropower. In Spain, for example, Axpo manages one of the country's largest renewable energy portfolios of around 8,550 MW. Reinforced by the know-how of our subsidiary Volkswind, Axpo is also one of the largest wind farm developers in Germany and France. In photovoltaics, we are also a major international player, harnessing the expertise and skill of our subsidiary Urbasolar.
In Switzerland, Axpo is the largest producer of renewable energy, including the generation of more than half of the country’s renewable electricity from hydropower.