In 2024, solar panels accounted for a quarter of Hungary's electricity generation, the highest share not only in Europe but in the world. The year before last, we ranked third in this comparison, behind Chile and Greece. According to a recent report by the independent international think tank Ember, Hungary's share of solar PV rose to 25%, putting us ahead of both countries last year, the Hungarian Ministry of Energy reports.
Of the countries with production above 5 terawatt-hours, only the other two podium finishers (Chile and Greece, with 22%) and Spain (21%) have solar power penetration above 20%. The authors note that the top two in the world ranking had a share of less than 2% ten years ago.
The analysts' January comparison also showed that Hungary has seen the highest growth rate in Europe over the past five years, up from just 4% in 2019. Along with the Netherlands, we also boast that last year solar power plants met more than 80% of domestic electricity demand on more than seventy days during peak production periods.
In Hungary, around 7,800 megawatts of solar capacity have been installed by spring 2025. Four-fifths of the existing installed capacity has been in operation since 2020. From 2022, domestic solar capacity has increased by at least 1,200 megawatts for three consecutive years, the ministry summarized.
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