Who is Neton power?

At NetOn Power we are part of Quantum Energy Partners, a large global investment firm with over $18 billion invested in energy, through vehicles such as its renewable energy platform 547 Energy. NetOn Power is backed by 547 Energy, a global platform specialising in renewable energy and the green economy, powered by Quantum Energy Partners.

How does Neton power work?

For groups of companies located on the same industrial estate, NetOn Power offers industrial energy community solutions. In this case, customers share the energy produced by the same self-consumption facility, located either on their roofs or ground-mounted in their immediate vicinity.

Why should you choose Neton power?

Why choose NetOn Power? NetOn Power is a platform launched by investment firms Quantum Energy Partners and 547 Energy, together with a team of experts in the energy sector, whose goal is to contribute to the competitiveness and sustainability of industrial companies, under the highest quality standards.

How will sanctions affect Russia's nuclear energy sector?

The EU’s shift away from Russian energy, coupled with the Nord Stream pipeline explosions, deprived the Kremlin of its most important export market and leverage. Sanctions have so far not hampered the nuclear energy sector, which can create long-lasting political ties and disrupt western efforts to isolate Putin’s regime.

Will Hungary agree to sanctions against Russian nuclear energy?

Nuclear energy from an existing plant, which was built using Soviet designs, currently accounts for 40 per cent of Hungary’s electricity. Prime Minister Viktor Orbán who is often criticised by other EU countries for his pro-Moscow stance, has repeatedly stated that Budapest will not agree to any sanctions against Russian nuclear energy.

How much money does Russia's Vnesheconombank lend to Rooppur?

For Rooppur, Russia’s Vnesheconombank — a state-owned body used as a special-purpose vehicle to support priority projects from Moscow — granted a US dollar-denominated loan of $11.38bn, which covers almost the entire cost of the project. The loan has a grace period of 10 years and the interest rate is variable but cannot exceed 4 per cent a year.