Demand for solar panels has increased significantly in the past two or three weeks, the president of the Hungarian Solar Panel Association, Ernő Kiss told the state news agency MTI on Thursday. The President said that in 2021, their member companies and other businesses installed solar systems and solar power plants in 35,000 households in […]
The Hungarian energy company ALTEO Plc. has announced on the website of the Budapest Stock Exchange that as buyer, it has concluded a quota purchase agreement for the acquisition of the registered capital representing the entirety of the business interest in EDELYN SOLAR Ltd. (‘target company’) amounting to forints HUF 3,000,000 (three million) from individuals, […]
The share of solar power plants in total energy generation in Hungary was 11.1% last year, the highest in the 27 countries of the European Union, the Hungarian Energy and Public Utility Regulatory Authority (HEA) said in its electricity market report for 2021. The aggregate electricity consumption of the 27 member states increased by 4.3% […]
A solar park by the Astrasun Group with a capacity of about one and a half megawatts, built with an investment of HUF 600 million in Csurgó, SW Hungary was handed over this Friday, October 2. The investment project took place in a recultivated landfill in an area unsuitable for agricultural cultivation. The park is […]
Hungarian-owned Eurotrade has inaugurated its 5-MW solar park in Környe, in north-western Hungary. According to the company's executive, Attila Szűcs, the HUF 1.6 billion (EUR 5m) investment, whose cornerstone was laid in April this year, was financed with the company’s own funds (30%) and a ten-year loan from the savings bank 'Takarékbank'. Eurotrade installed nearly […]
