Solar Plant Peak Production Breaks Record in Hungary

  • 5 Sep 2024 7:15 AM
Solar Plant Peak Production Breaks Record in Hungary
On August 23 the output of industrial solar power plants, measured every quarter of an hour, reached a record high 3,334 MW, the Energy Affairs Ministry said on Wednesday, citing data from transmission system operator MAVIR.

The ministry said the previous record had been set in July at 3,238 MW but noted that in 2023 peak production had only been 2,731MW.

The ministry said Hungary's solar energy capacity has reached 7,085 MW in August, including industrial facilities, household solar panels and solar power plants producing for their owners' own purposes.

Based on the pro-rata progress, it can already be assumed that after 2022 and 2023, domestic solar energy capacity will increase by more than 1GW this year as well, it added.

The ministry noted that recently the government has taken decisions on awarding nearly HUF 82bn of subsidies to applicants for the installation of home solar panels and battery storage.

The government launched a close to HUF 76bn funding programme in January and provided a HUF 30bn top-up for it in July. Under the scheme, households may apply for up to HUF 5m in support, covering two-thirds of investment cost.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

MTI Stock Photo - for illustrative purposes only

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here!

  • How does this content make you feel?

Explore More Reports