Supported byClarion Energy
HomeElectricityHungary: 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.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation and higher electricity demand increased the region’s reliance on imports, while German power prices moved...

Solar growth in Hungary leaves businesses exposed to imported power costs

Hungary’s rapid increase in solar generation has not eliminated reliance on imported electricity, according to economic research institute GKI. The institute said the outcome leaves companies exposed to higher power costs when domestic renewable output drops. The assessment points...

Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to cover approximately 96 days of total winter demand. The Ministry of Economy and Energy says...
Supported byVirtu Energy