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Gov't Awards Over HUF 62 bln of Home Solar Panel Subsidies

Green Energy

The government has taken decisions on the award of over HUF 62 bln of subsidies to 15,200 applicants for the installation of home solar panels and battery storage, so far, the Energy Affairs Ministry said on Tuesday.

The government launched the close to HUF 76 billion funding program in January. Under the scheme, households may apply for up to HUF 5m in support, covering two-thirds of investment cost.

As applications have been for an average HUF 4 mln, the scheme could support more than 18,000 solar panel investments, the ministry said.

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