Energy

Green Energy

ReneSola agrees to sell Hungary solar parks to Obton

ReneSola, a solar project developer headquartered in the United States, on Friday said it agreed to sell its portfolio in...

Energy Trade

Deliveries from Croatian LNG terminal start

The state-owned Hungarian Electricity Works (MVM) on Monday said the Croatian unit of its gas trading company MFGK took its...

Green Energy

Share of renewable energy used for heating, cooling below EU avg

In 2019, renewable energy accounted for 18.1% of total energy use for heating and cooling in Hungary, according to data...

Green Energy

Poland to receive EUR 50 bln for energy transition under new EU deal

Poland will receive up to PLN 230 billion (EUR 50 billion) for the transformation of its energy sector under a...

Green Energy

E.ON develops solar energy storage system

The E.ON Hungária Group has developed a unique, innovative energy storage system at the European level in Zánka (145 km...

Energy Trade

Itron to close Gödöllő plant in early 2022

Itron announced that it is contemplating relocating production from its Gödöllő plant. Production is estimated to be relocated by the...

Green Energy

Croatia sets new record in renewable energy production

Croatia has set a new record in the production of energy from renewable sources, covering the entire consumption in the...

Green Energy

InterWatt plans pair of solar parks

InterWatt plans to start construction next year of a pair of solar parks on the outskirts of Inárcs (40 km...

Power

Hungarian electricity, gas prices among lowest in EU

In the first half of 2020, Hungary had the joint-lowest natural gas prices and second-lowest electricity prices in the entire...

Energy Trade

Energy companies burdened by epidemic

In addition to recent low oil and gas prices and the oncoming green transition, the epidemic is posing an extreme...

Green Energy

Growatt named top PV brand in Hungary, Poland, Denmark

According to German marketing intelligence provider EuPD Research, PV inverter supplier Growatt became the top PV inverter brand this year...

Green Energy

Photon Energy grid-connects 2 more PV plants near Püspökladány

Photon Energy N.V. announced that Photon Energy Solutions HU Kft. - the groupʼs Hungarian subsidiary - has completed and grid-connected...

Green Energy

Polish firm presses ahead with 2-MW solar project

Polish developer 01 Cyberaton SA has announced an agreement with the distribution arm of energy company Enea SA for a...

Energy Trade

Bulgarian energy regulator approves 14.1% hike in natgas price for Nov

Bulgariaʼs energy regulator said that it approved an increase of the wholesale price of natural gas to BGN 28.21 (EUR...

Green Energy

Photon Energy commissions additional 6 PV power plants in Püspökladány

Photon Energy Solutions HU Kft., the Photon Energy N.V.ʼs Hungarian subsidiary dedicated to engineering, procurement and construction (EPC) services, has...

Energy

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

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...

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

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...