Hungary Suspends Next Phase of Home Solar Panel Subsidies
The government will suspend the next phase of subsidies for home solar panels after the current tender for the support ends in the fall, state secretary for energy Attila Steiner said on Monday, according to a report by state news wire MTI.
The second phase will be suspended until an agreement on Hungary's Recovery and Resilience Funding (RRF) facility is reached, Steiner said. He noted that the government is pre-financing the solar panel subsidies from the central budget until such an agreement is signed.
So far, over 43,000 applications for solar panel subsidies have been submitted, and contracts have been signed on support for over 25,000 of those applicants.
Subsidies of more than HUF 90 billion have been cleared.
Steiner noted that the government has decided to temporarily stop households with newly installed solar panels from joining the country's feed-in tariff system until the electricity network is upgraded to accommodate growing green energy capacity.
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