Tender for Home Solar Panel, Battery Subsidies Announced

Green Energy

Photo by anatoliy_gleb / Shutterstock.com

Energy Affairs Minister Csaba Lantos announced the publication of a tender for HUF 75 billion in subsidies for home solar panels and battery storage on Monday, according to a report by state news wire MTI.

Pre-registration for companies that install solar panels and battery storage started Monday and household applications will be accepted from the middle of January, Lantos said. Households may apply for up to HUF 5 million in support, covering two-thirds of investment cost, he added.

Detached homes or blocks of flats with up to six homes are eligible for the subsidies. The support may only be used for new investments, not to expand existing arrays of solar panels.

Over 245,000 homes in Hungary have solar panels with a combined capacity of around 2,200 MW.

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