Supported byClarion Energy
HomeSEE Energy NewsHungary allocates 54.5...

Hungary allocates 54.5 million euros in subsidies for solar panels and battery storage projects

The Hungarian Ministry of Energy has announced that over 10,500 households have received a total of 54.5 million euros in subsidies for solar panel and battery storage projects in the latest round of funding.

To date, the program has supported more than 21,000 participants, with a total funding allocation of 212 million euros. The final batch of applications, submitted before the January 15 deadline, will be evaluated by spring.

This initiative has enabled the installation of 33.2 MW of solar panel capacity and 53.7 MWh of battery storage. Throughout the year-long program, households were eligible for subsidies of up to 12,300 euros, covering about two-thirds of their total investment costs.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

HUPX October day-ahead volume rises 6.9% to 2.64 TWh

Hungary's HUPX day-ahead traded volume rose in October as average baseload prices climbed 36.8% from September. Higher trading alongside higher prices pointed to stronger turnover amid tighter regional power conditions.

MOL posts $1.25 billion pre-tax profit on refining strength

Hungarian energy group MOL reported a pre-tax profit of about $1.25 billion in the third quarter of 2026. Stronger refining margins, higher natural-gas prices and exceptional financial gains supported earnings despite continued pressure on petrochemicals and regulated retail margins.

Greece prices fall 16.4% as southeast European markets ease

Day-ahead prices for 8 November delivery fell 16.4% in Greece and 10.1% in Serbia, while Montenegro’s premium over Serbia widened. Romanian nuclear output rose after Cernavodă Unit 1 reconnected to the grid, although the available data do not isolate its effect on prices.
Supported byVirtu Energy