Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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HomeSEE Energy NewsHungary: 200 mln...

Hungary: 200 mln € tender for solar panels subsidies announced

Hungarian Energy Minister Csaba Lantos announced the publication of a tender for HUF 75 billion (198 min euros) in subsidies for home solar panels and battery storage.

Pre-registration for companies that install solar panels and battery storage started Monday and household applications will be accepted from the middle of January, Lantos said. Households may apply for up to HUF 5 million in support, covering two-thirds of investment cost.

Detached homes or blocks of flats with up to six homes are eligible for the subsidies. The support may only be used for new investments, not to expand existing arrays of solar panels.

Over 245,000 homes in Hungary have solar panels with a combined capacity of around 2,200 MW.

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