Gov't supports solar panel installation with HUF 200 bln in grants

Green Energy

Hungary plans to call a tender for more than HUF 200 billion in grants to support the installation of home solar panels and energy-efficient heating systems, State Secretary Attila Steiner, who is responsible for developing the circular economy and for energy and climate policy, said yesterday, according to uzletem.hu.

The grants target some 35,000 households, mostly with below-average income, Steiner said.

He added that HUF 158.8 bln of the funding would come from Hungary's Recovery and Resilience Facility (RRF) plan and HUF 42.9 bln from the central budget.

The grants are expected to add 175 MW to Hungary's solar panel capacity and boost households' solar capacity by one-quarter, reducing emissions by 50,000 tonnes.

The tender will be open to households with combined annual net income per capita of HUF 4.85 million, about level with the annual net income per capita of a three-member household in 2019.

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