Browsing: hungary

The Hungarian Government has awarded over 52 million euros in subsidies to 5,100 applicants for the installation of home solar panels and battery storage. Nearly 17,000…

Hungary aims to double the amount of geothermal energy in its energy use by 2030 and the government is offering state-subsidised loans to mitigate investors’ risk…

BP, as operator of the Azeri-Chirag-Gunashli (ACG) project, in which Hungarian MOL holds a 9.57% stake, announced the start-up of oil production from the new Azeri…

The average price on the day-ahead market of the Hungarian energy exchange HUPX amounted to 65.08 euros/MWh in March, which is 6% lower compared to February…

E.ON Hungaria announced that it has signed an agreement to install 43 MW solar park at BMW Group’s new factory in Debrecen. The utility, a member…

Directors of the transmission systems of Serbia, Hungary and Slovenia and the European Power Exchange EPEX Spot signed an agreement on the integration of the three…

Hungarian Minister of Foreign Affairs and Trade Petér Szijjárto provided an update on Hungary’s commercial LNG agreement with global energy company Shell during today’s Budapest LNG Summit. Hungary…

The second period during which EU Member States were mandated to cut their gas consumption by 15% compared to the average of the previous five years,…

With the production of existing and planned solar parks and the Paks nuclear power plant, Hungary could export electricity in the near future instead of the…

The board of Hungarian oil and gas company MOL will propose payment of a total dividend of around HUF 250 (0.63 euros) per share to shareholders…