Supported byClarion Energy
HomeSEE Energy NewsHungary, First solar...

Hungary, First solar energy community established

The local council of Keszthely and MVM Optimum, a subsidiary of state-owned MVM, have set up Hungary’s first solar energy community with the participation of local homeowners and businesses.

The two sides signed a contract on the construction of 1.1 million euros worth solar power plant and battery storage facility. Keszthely Mayor Balint Nagy said that households and companies, who were unable to independently install solar panels, joined the pilot project.

MVM Optimum smart city and energy community director Krisztian Huber said that the company is contributing around 500,000 euros to the project, while the Innovation and Technology Ministry is providing the remaining sum.

The solar energy community comprises of 20 retail consumers, five small businesses and some local council institutions.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Winter forecast puts Southeast power prices at €160 to €295/MWh

Southeast European electricity prices could ease in Q4 2026 and Q1 2027 if nuclear capacity returns and hydro inflows improve. Gas costs and transmission constraints are expected to sustain premiums during tight periods.

Romanian offshore gas growth puts export capacity in focus

Romania’s expected offshore gas production growth could leave additional supply discounted domestically unless cross-border capacity can move it to higher-priced markets. Capacity constraints could also increase the value of transmission upgrades and create recurring price spreads with Hungary and Serbia.

Hungary boosts gas-fired power generation by nearly 70% amid rising demand and electricity prices

Hungary recorded a 69.52% weekly increase in gas-fired electricity generation in the week ended November 1, as stronger electricity demand and declining wind and solar output boosted the need for dispatchable power sources. The development highlights the growing importance...
Supported byVirtu Energy