Greece among top 10...

Greece ranks among the top 10 European Union countries with the largest share...

North Macedonia: Pomega to...

US-based Pomega Energy Storage Technologies, a company specializing in lithium iron phosphate (LFP)...

Croatia sees 60% growth...

By the end of November 2024, Croatia had 25,406 solar power plants connected...

Europe must double grid...

Europe needs to modernize its aging electricity grid and double its annual distribution...
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Hungary supports over 21,000 homeowners in solar panel installations

The Hungarian Ministry of Energy announced that more than 21,000 homeowners have received an average subsidy of approximately 10,300 euros to support the installation of solar panels and battery storage systems.

The evaluation process for applications under the program is nearing completion, with over 600 contractor companies involved in projects across the country.

As a result of this initiative, the number of residential solar panel systems in Hungary is expected to exceed 300,000 in the coming months. These systems have a combined installed capacity of nearly 2,700 MW, accounting for more than one-third of the nation’s total solar capacity.

The program, which ran for a year, allowed households to apply for financial support of up to 12,500 euros, covering two-thirds of the total investment cost.

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