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Mol's Green Hydrogen Plant Handed Over

Apr 11, 2024

The Hungarian oil company Mol's green hydrogen plant, established with a EUR 22 million investment, was inaugurated on Thursday in Százhalombatta, south of Budapest. In the new plant, carbon-free production can be realized on a large-scale industrial scale. József Molnár, CEO of the Mol Group, said at the opening ceremony that the company group has […]

Solar Park to Be Built at the BMW Car Factory in Debrecen

Apr 10, 2024

In cooperation between BMW Group Factory Debrecen and E.ON Hungária Group, the leaders of the two companies signed a contract for the construction of a 50-hectare solar park on Wednesday at the factory's communication center. Hans-Peter Kemser, President and CEO of BMW Manufacturing Hungary Ltd. (pictured on the right), said at a press event held […]

Wind Could Complement Solar

Feb 21, 2024

Gábor Földvári, the CEO of Nap Plc., the stock exchange company that owns and operates solar power plants, discussed the potential role of wind power plants at a briefing on Wednesday. Electricity consumption has fallen significantly in the past year. The weather has been kind and everyone has started to save energy. However, savings measures […]

Veolia Group Acquires the Gönyű Power Plant

Feb 20, 2024

Veolia Invest Hungary and Uniper Group signed a sale and purchase agreement for the acquisition of 100% of the shares of Uniper Hungary Energetikai Ltd. The purchase of the company, which owns and operates the Gönyű power plant, Hungary's most modern and one of the largest combined cycle gas turbine power plants, fits well into […]

Auchan: Higher Energy Efficiency with Solar Panels

Feb 13, 2024

The retail chain Auchan Hungary and Nhood Hungary, which manages the Auchan shopping centers, will install solar panels worth EUR 20 million on the roofs of their buildings to increase the energy efficiency of their properties, the companies informed MTI on Tuesday. The investment started in the second half of 2022, as a result of […]

Hungary, Founding Member of the 3 Seas Hydrogen Council

Feb 1, 2024

Representatives of the hydrogen organizations of nine Central European and Baltic states signed the official cooperation agreement of the 3 Seas Hydrogen Council (3S) in Paris, aiming to develop the region's hydrogen sector, the Hungarian Hydrogen Technology Association informed MTI on Thursday. At the Hyvolution conference, the world's leading hydrogen technology showcase, which closed on […]

Biogas From Corn Stover Fed into the National Gas Grid

Jan 22, 2024

Almost 100% pure, plant fiber-based biomethane will be fed into the Hungarian natural gas network in cooperation between E.ON Hungária Group and Pannonia Bio Plc., E.ON told MTI on Monday. According to the information, Pannonia Bio buys more than one million tons of feed corn annually and three hundred thousand tons of barley almost entirely […]

Hungary's 1st Hydrogen Filling Station Opens, Free to Use

Jan 19, 2024

The first hydrogen filling station in Hungary, operated by Linde Gas Hungary Plc., has opened in Budapest, where 4,000 kilograms of hydrogen can be filled up after prior registration, it was announced on Friday. On the second day of the two-day international conference Hydrogen Open 2024, the Hungarian Hydrogen Technology Association signed a strategic cooperation […]

Hydrogen Open 2024 Conference in Budapest

Jan 18, 2024

The Hungarian Hydrogen Technology Association's two-day international conference 'Hydrogen Open 2024' focuses on green hydrogen at the Mol Campus building in Budapest. In his opening speech, Gábriel Szabó, Group Downstream Managing Director at the oil and gas company Mol, said that Mol's priority goal is to accelerate the green energy transition in the Central and […]

Hungarians View Green Energy Positively

Dec 24, 2023

According to an international survey, Hungarians are more in favor of the transition to green energy, including solar power plants and wind farms, than the European average, and this is also true when it comes to renewable power plants near their homes/gardens, the financila newssite reports. However, the answers to the question on the […]

MVM Buys Huge Solar Power Plant in Tázlár

Dec 20, 2023

Under an agreement signed this Wednesday, MVM Green Generation Ltd. will acquire the 63 MWp Tázlár solar power plant in S Hungary, according to a statement issued by the MVM Group. The transaction is expected to close in the first quarter of 2024. The announcement comes just after the publication in Thursday night's OFFICIAL Hungarian […]

MVM Group Acquires CMC Solar Power Plant

Dec 8, 2023

The state-owned energy group MVM is significantly expanding its portfolio of solar power plants, according to a transaction closed on December 7, when its renewable energy subsidiary MVM Green Generation Ltd. acquires the 100 MWe solar power plant in Kaposvár, Hungary, one of the largest photovoltaic power plants in Hungary, built and owned by CMC, […]

OMV Sets Up Two Ultra-Fast Chargers in Hungary

Dec 2, 2023

The Austrian multinational integrated oil, gas and petrochemical company OMV has installed new electric chargers – one on the Buda side of the Hungarian capital and one in the northwestern part of the city of Szeged in SE Hungary. The devices are ultra-fast chargers with a total capacity of 250 kilowatts (kW), with two charging […]

Alteo Commissions More Electric Boilers

Nov 17, 2023

After the electric heating boiler installed at its Sopron power plant, Alteo, an energy service and trading company, has integrated two more devices into its control centre, which allow the conversion of electricity produced from renewable energy sources into heat; the hot water produced by the boilers installed at the heating power plants in Kazincbarcika […]

Green Energy Storage Scheme for Firms to Start in January

Nov 9, 2023

A HUF 62 billion tender for the construction of industrial electricity storage facilities will be launched from January, with non-refundable subsidies and revenue compensation, Gábor Czepek, the Minister of State for Public Administration of the Ministry of Energy (EM) announced on Thursday at the Energy Forum series in Komárom, NW of Budapest. He said the […]

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