Solar Capacity Saves Hungary EUR 123 mln Since March

Green Energy

pixabay

The increase in solar energy capacity has saved more than EUR 123 million since March, State Secretary Responsible for Energy Policy Attila Steiner of the Ministry of Technology and Industry announced on his Facebook page yesterday.

He explained that, in recent years, the utilization of solar energy has increased to an unprecedented extent in Hungary, and the country already has a solar capacity of more than 1.5 times the capacity of the Paks nuclear power plant.

With the solar capacity increase between March and September 2022, taking into account the current sanctioned gas prices, Hungary saved EUR 123 million, which corresponds to the energy supply of about 63,000 households, Steiner said.

ADVERTISEMENT

Avg Compulsory Vehicle Insurance Premium up 5% Figures

Avg Compulsory Vehicle Insurance Premium up 5%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG, Rheinmetall Establish IT JV Deals

4iG, Rheinmetall Establish IT JV

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.