Energy

Energy Trade

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Green Energy

Solar Tender Receives 32,430 Pre-registration Requests

Some 32,430 pre-registration requests had been received for the tender supporting the installation of modern solar systems by the time...

Energy Trade

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

Green Energy

Solar Panel Subsidy Scheme Gets HUF 30 bln Top-up

The government is raising the original HUF 75.8 billion allocation for a subsidy scheme supporting the installation of home solar...

Power

Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

Trade, Economy, Energy Trade

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Energy Trade

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Energy Trade

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

Green Energy

EU Invests Almost EUR 3 bln for Cleaner Energy Systems

The European Commission said yesterday that the European Union has disbursed EUR 2.967 billion via the Modernization Fund to support...

Energy Trade

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

Green Energy

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storage Projects

Three units of alternative energy company Alteo signed contracts on Monday for a combined HUF 9.4 bln of European Union...

Green Energy

MET Group, ToRa Launch Development Partnership With Solar and Storage Project in Saxony

MET Group has acquired a 100% stake in a German project company from ToRa GmbH. The project aims to develop...

Energy Trade

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

Power

2024 ‘Outstanding Year’ for Modernizing Electricity Network

2024 is an 'outstanding year' for the modernization of the Hungarian electricity network, State Secretary Zsófia Koncz at the Ministry...

Green Energy

MET Acquiring Majority Stake in Achema Group

The Swiss-based MET Group, which has Hungarian roots, has announced that it is interested in acquiring a 54.07% stake in...

Energy Trade

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Green Energy

Solar Tender Receives 32,430 Pre-registration Requests

Some 32,430 pre-registration requests had been received for the tender supporting the installation of modern solar systems by the time...

Energy Trade

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

Green Energy

Solar Panel Subsidy Scheme Gets HUF 30 bln Top-up

The government is raising the original HUF 75.8 billion allocation for a subsidy scheme supporting the installation of home solar...

Power

Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

Trade, Economy, Energy Trade

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Energy Trade

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Energy Trade

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

Green Energy

EU Invests Almost EUR 3 bln for Cleaner Energy Systems

The European Commission said yesterday that the European Union has disbursed EUR 2.967 billion via the Modernization Fund to support...

Energy Trade

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

Green Energy

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storage Projects

Three units of alternative energy company Alteo signed contracts on Monday for a combined HUF 9.4 bln of European Union...

Green Energy

MET Group, ToRa Launch Development Partnership With Solar and Storage Project in Saxony

MET Group has acquired a 100% stake in a German project company from ToRa GmbH. The project aims to develop...

Energy Trade

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

Power

2024 ‘Outstanding Year’ for Modernizing Electricity Network

2024 is an 'outstanding year' for the modernization of the Hungarian electricity network, State Secretary Zsófia Koncz at the Ministry...

Green Energy

MET Acquiring Majority Stake in Achema Group

The Swiss-based MET Group, which has Hungarian roots, has announced that it is interested in acquiring a 54.07% stake in...

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Solar Tender Receives 32,430 Pre-registration Requests

Some 32,430 pre-registration requests had been received for the tender supporting the installation of modern solar systems by the time...

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

Solar Panel Subsidy Scheme Gets HUF 30 bln Top-up

The government is raising the original HUF 75.8 billion allocation for a subsidy scheme supporting the installation of home solar...

Paks II Blocks to Go Online by Start of 2030s ‘at the Latest’, Minister Says

Two new blocks at Hungary's Paks nuclear power plant will go online at the start of the 2030s "at the...

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

EU Invests Almost EUR 3 bln for Cleaner Energy Systems

The European Commission said yesterday that the European Union has disbursed EUR 2.967 billion via the Modernization Fund to support...

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storage Projects

Three units of alternative energy company Alteo signed contracts on Monday for a combined HUF 9.4 bln of European Union...

MET Group, ToRa Launch Development Partnership With Solar and Storage Project in Saxony

MET Group has acquired a 100% stake in a German project company from ToRa GmbH. The project aims to develop...

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

2024 ‘Outstanding Year’ for Modernizing Electricity Network

2024 is an 'outstanding year' for the modernization of the Hungarian electricity network, State Secretary Zsófia Koncz at the Ministry...

MET Acquiring Majority Stake in Achema Group

The Swiss-based MET Group, which has Hungarian roots, has announced that it is interested in acquiring a 54.07% stake in...