Energy

Green Energy

Legal Support by Wolf Theiss for CEE’s Biggest Solar Plant

Wolf Theiss acted as lead legal counsel for a group of investors active in the Hungarian renewables sector represented by...

Energy Trade

Hungary Looks to Turkmenistan as Possible Source of Gas

Gas from Turkmenistan could play a role in easing the energy crisis in Europe, Minister of Foreign Affairs and Trade...

Green Energy

Serbia to Call Renewable Energy Auctions in June

Serbia's Minister of Mining and Energy Dubravka Đedović said on Friday that the country this month will announce renewable energy...

Green Energy

Croatia Sees Great Interest in Geothermal Energy Exploration Tender

A tender for awarding permits for exploration of geothermal waters at six areas in Croatia attracted "great interest" that exceeded...

Power

Ganz Carries out Service Works at Hydroelectric Plant in Egypt

Over the course of 2023, Ganz Transformers and Electric Rotating Machines Ltd. is carrying out a major, multi-phase service project...

Green Energy

Polish Solar Market to Reach 27 GW in 2025

Poland is forecast to reach a total installed solar photovoltaic (PV) capacity of nearly 27 GW by 2025, according to...

Energy Trade

MOL Signs Crude Delivery Deal With Croatia’s Janaf

Hungarian oil and gas company MOL has signed a contract with Croatian pipeline operator Janaf for the delivery of 2.9...

Green Energy

Alteo Q1 Earnings Double 

First-quarter after-tax profit of listed alternative energy company Alteo rose 103% year-on-year to HUF 5.7 billion, an earnings report published...

Green Energy

Kiskunhalas Solar Park Starting Production in Summer

One of Hungary's largest solar power parks can start production in the summer near Kiskunhalas (135 km southeast of Budapest),...

Green Energy

Photon Energy Puts 2 Solar Plants Into Operation in Romania

Amsterdam-based developer Photon Energy NV said on Tuesday it has put on stream two PV solar plants of 4.73 MWp...

Green Energy

Gov’t Announces HUF 58 bln in Energy Storage Investment Subsidies

The government will launch a HUF 58 billion subsidy scheme in June for electricity storage investments, the Ministry of Energy...

Energy Trade

Household Gas, Electricity Prices Lowest in EU

Household gas and electricity prices in Hungary were the lowest in the European Union in the second half of last...

Energy Trade

LNG Croatia to Offer Additional Regasification Capacity in Oct ’25

LNG Croatia, the operator of the country's LNG terminal on the Krk island, said it will offer additional regasification capacity...

Green Energy

Assembly Starts of Hungary’s 1st Industrial Green Hydrogen Plant

The assembly of Hungary's first industrial-scale green hydrogen plant has started at the Bükkábrányi solar park in the northeast of...

Green Energy

Poland’s ZE PAK Buys 88-MW Wind Project

Poland's energy group ZE-PAK said that its unit PAK-Polska Czysta Energia has bought the Eviva Drzeżewo special purpose vehicle (SPV)...

Energy

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

Green Energy

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

Energy

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Green Energy

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

Energy Trade

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Green Energy

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Green Energy

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Hungary Still EU’s Largest Buyer of Russian Pipeline Gas

Despite reducing its Russian pipeline gas purchases by 10%, Hungary remained the European Union's largest buyer in the first eight...

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Ukraine’s Naftogaz has signed a memorandum of understanding with Hungary’s MOL to explore developing petroleum product storage facilities near the...

Hungary Can Secure Gas Supply Without Russian Imports, Kapitány Says

Hungary could secure its gas supply without Russian imports by October 2027 if current conditions hold, Economy and Energy Minister...

E.ON Installs Four Battery Storage Systems to Support Solar Power and Grid Stability

E.ON Hungária Group has installed four battery storage systems with a combined output of 4 MW and storage capacity of...

MVM Introduces Dynamic Electricity Tariff

From Sep. 1, households and microbusinesses under universal service can voluntarily switch to energy company MVM's new dynamic tariff, which...

Paks Output Tops 800 MW as Record Drought, Heatwave Ease

Output at Hungary's Paks nuclear power plant rose above 800 MW on Sunday as conditions began to improve following the...

Hungary Targets Tenfold Expansion in Wind Power Capacity by 2030

Hungary’s long-stagnant wind energy sector could be set for significant expansion under a government package aimed at increasing installed capacity...

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Budapest Rooftops Could Generate 2.5 Times Paks Output, Mayor Says

Budapest rooftops could potentially generate energy equivalent to 2.5 times the output of the Paks nuclear power plant through solar...