On July 27, Hungary’s large-scale solar power plants achieved a new peak production record. Between 1:00 PM and 1:15 PM, solar systems with capacities above 50 kW reached a total output of 3,225 MW, surpassing the previous peak of 3,204 MW recorded on June 24.
According to data from electricity transmission system operator MAVIR, Hungary had installed a total of 6,712 MW of solar power capacity by July 2024. Large-scale installations make up the majority of this capacity, with 3,678 MW, indicating that nearly 90% of systems over 50 kW were operational during the peak period.
The Hungarian Energy Ministry projects that domestic solar capacity will increase by over 1 GW this year, continuing the rapid growth seen over the past two years and surpassing growth rates in other countries. The installed capacity of solar panels in Hungary grew from 2 MW in 2010 to 4,235 MW by 2022.
Hungary achieved its 6 GW solar target for 2030 six years ahead of schedule, reaching this milestone by spring 2024. As a result, the National Energy and Climate Plan, currently under review, aims to double installed capacity to 12 GW by 2030. Hungary is positioning itself as a leader in green energy production and storage, having the third highest share of solar energy in electricity generation globally and the second highest in Europe in 2023.
The government is advancing programs to promote green energy use, including the Solar Energy Plus Program, which has a budget of 580 million euros. This program supports the completion of subsidized projects in the latter half of 2024 and covers two-thirds of investment costs for over 25,000 households. Starting January 15, 2024, households will be able to receive non-refundable support for generating and storing solar energy through a 195.3 million euro budget under the same program.
