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Solar Panel Subsidy Scheme Gets HUF 30 bln Top-up

Green Energy

Photo by zstock / Shutterstock.com

The government is raising the original HUF 75.8 billion allocation for a subsidy scheme supporting the installation of home solar panels and battery storage with an additional HUF 30 bln, State Secretary for Energy Affairs and Climate Policy Attila Steiner said yesterday, according to hirado.hu.

Steiner said positive funding decisions had been made for more than 18,000 applications, practically exhausting the original allocation.

He added that pre-registration for the scheme would be suspended from 8 p.m. on Tuesday amid strong demand.

With the top-up, the scheme could support more than 25,000 solar panel investments, the state secretary explained.

More than 270,000 homes in Hungary have solar panels with a combined capacity of nearly 2,500 MW.

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