The Office of the Mayor of Budapest said the scheme aims to cut emissions and reduce energy dependency – Budapest authorities plan to install 10 million square meters of solar panels in the capital by 2030. The Mayor Gergely Karacsony said the plan will require installing 5 square meters of solar panels for every resident of the city, boosting its current solar capacity by a factor of 130.
Budapest’s climate strategy aims to increase solar capacity to 1,500 MW within 10 years, while raising the share of renewables used for district heating to at least 50 %, cutting the use of cars by two-thirds, adding to Budapest’s green space and upgrading the energy efficiency of one-third of homes.
For this project, Budapest is getting almost 600,000 euros from the European Climate Initiative, a project financing instrument by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety.