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More than €44 billion in EU funding for energy developments

About €44.5 billion in European funding is available to local governments, institutions and companies for renewable energy and energy efficiency developments this year, Energy Centre Nonprofit managing director László Bus said at a press conference on Tuesday.

Last year, just HUF 4 billion of the HUF 48.5 billion in funding available for energy developments in 2009-2010 was used, Bus said.

The funding, available within the framework of the Energy Operative Program, may be used for renewable energy projects or to make buildings more energy efficient. (MTI-ECONEWS)