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: Over 20,000...

Hungary: Over 20,000 households apply for solar subsidies

The Hungarian Ministry of Energy announced that more than 20,000 households have applied for subsidies to install solar panels and battery storage as part of a scheme launched in January. According to the Ministry, eligible households could receive a total of over 207 million euros in subsidies.

In response to high demand, the budget for the program was increased this summer by 76 million euros, raising the total allocation to 268 million euros. This expansion is expected to support solar panel and battery storage investments for more than 25,000 households.

Under the scheme, households can apply for up to 12,600 euros in support, covering two-thirds of the investment costs. Currently, over 280,000 homes in Hungary have already installed solar panels.

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