MOL Biomethane Plant, Hyundai Supplier Solar Venture, and Revolution Wind Review
MOL Group opened its first biomethane facility in Szarvas, Hungary, after investing more than HUF 2.7 billion ($8.2 million); the plant can produce over 7 million cubic metres of biomethane annually from agricultural and food-processing waste. Peak Energy and Hyundai Motor Securities formed a joint venture to develop about 100 MW of industrial rooftop solar across Hyundai Motor Group's supplier network in South Korea. The US Department of Justice asked a federal court to return the 704 MW Revolution Wind offshore project's approval to the Interior Department for reconsideration.
MOL's Szarvas plant turns farm and food-processing residues into pipeline-quality methane, with upgrading technology from Italy's Gruppo AB. It processes meat-industry waste, residual material, and agricultural feedstock. MOL purchased the original biogas site in 2023.
In South Korea, Peak Energy and Hyundai Motor Securities plan roughly 100 MW of industrial rooftop solar within two years. Five projects totaling 13 MW are already secured with Tier-1 automotive suppliers. Meanwhile, the 704 MW Revolution Wind project off Rhode Island, co-owned by Ørsted and Skyborn Renewables, has its turbines installed and started supplying power in March 2026. The Justice Department has asked for a new Interior Department review.
These projects could affect different groups. MOL's biomethane plant may give Hungarian farmers and food processors a waste-to-energy outlet while offering households a lower-carbon gas alternative. Rooftop solar in South Korea could cut suppliers' power costs and emissions, though benefits depend on contract terms. The Revolution Wind review may create uncertainty for Rhode Island and Connecticut ratepayers, project owners, and offshore-wind workers, potentially delaying final operations or raising financing concerns.