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MET Group invests in renewable energy development

24 April 2025
Oil&Gas
energynomics

Headquartered in Switzerland, MET Group has reported robust financial results for 2024, reflecting a clear strategy of increasing investment in renewable assets and sustainable solutions for the future.

Over the past year, MET Group has significantly expanded its renewable portfolio, reaching a total operational capacity of 414 MW from onshore wind and solar projects. In addition, the company already has 112 MW under construction and several projects in advanced development in eight European countries. MET thus confirms its strategy of technological and geographical diversification, actively contributing to accelerate the European decarbonisation process.

Another pillar of the sustainability strategy is investment in Battery Energy Storage Systems (BESS). MET Group has acquired the entire share capital of Comax France, operator and developer of BESS projects, strengthening its ability to integrate variable renewables into European energy systems.

In parallel, natural gas and LNG continue to play an important role in MET’s portfolio as complementary solutions to stabilise the electricity grid and support the intermittency of renewables. The company imported 22 LNG cargoes to Europe last year and signed a 10-year agreement with Shell for the supply of US LNG to European markets.

In a European context marked by an accelerated transition to renewables after the 2022 energy crisis, MET Group reaffirms its long-term strategic commitment to sustainability and innovation. “Europe has chosen to move pragmatically and rapidly towards the energy transition. MET Group remains committed to solving the energy trilemma through sustainable, secure and affordable solutions,” emphasised Benjamin Lakatos, President and CEO of MET Group.

With a strategy geared towards the development of renewable capacities and the deployment of innovative energy storage solutions, MET Group is strengthening its key role in shaping Europe’s energy future.

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