Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...

Bulgaria: TPP Maritsa 3...

Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million...

Bulgaria: Bobov Dol thermal...

The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately...
Supported byClarion Energy
HomeSEE Energy NewsHungary: European Commission...

Hungary: European Commission approved 1 billion euros support scheme for companies

The European Commission announced that it has approved 1 billion euros scheme by the Hungarian Government to support companies facing increasing energy costs.

The support scheme was approved under the State Aid Temporary Crisis and Transition Framework, adopted by the Commission in March, to support measures in sectors that are key to accelerating the green transition and reducing fuel dependencies.

The Hungarian support scheme consists of aid for additional costs due to exceptional energy price increases and will take the form of loans and guarantees. The statement from the Commission said that the measure will be open to companies of all sizes and sectors, with the exception of the financial sector as well as sectors that are considered to be potentially harmful to the environment.

Its purpose is to cover part of the increased costs of natural gas and electricity as well as of heating and cooling directly produced from the latter.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...

Croatia: Summary of Guarantees of Origin auctions for electricity held on 29 July

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold in auctions organized by HROTE and ENNA Next. These auctions were conducted in five parallel sessions via CROPEX’s IT trading platform, covering GOs from wind, biogas,...

Bulgaria: TPP Maritsa 3 narrows loss to €2.7 million in first half of 2025

Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million in the first half of 2025, a significant improvement compared to a €11.5 million loss during the same period in 2024. The company’s total revenues fell to...
Supported byVirtu Energy
error: Content is protected !!